Oil prices have surged as energy infrastructure in the region has come under attack.

Attacks in Gulf: Oil prices surged today after energy infrastructure in Persian Gulf countries came under attack, with fires reported at facilities in Qatar and aerial threats intercepted in Saudi Arabia, following a warning from Iran’s Islamic Revolutionary Guard Corps. The IRGC accused the US and Israel of targeting its oil and gas facilities.

Diplomatic moves: Qatar expelled Iran’s military and security attachés following the attack on the Ras Laffan natural gas processing facility, a bedrock of the Gulf state’s economy.

Fire onboard: A vessel has been reported struck by an “unknown projectile” late Wednesday off the east coast of the UAE near the Strait of Hormuz, the UK Maritime Trade Operations centre said early Thursday.

Intel ᴀssessment: A day after his resignation, former Trump administration counterterrorism chief Joe Kent said there was “no intelligence” that Iran was going to launch a “big sneak attack” akin to 9/11 or Pearl Harbor.