XJO - Bear Posts only (Factors which might cause the markets to fall), page-23141

ME night time again, and from what I read here and there, the conflict is only escalating — energy infrastructure is now being targeted. A drone attack on South Pars oil and gas field earlier today. The attack was not significant in terms of scale, but may significantly impact natural gas prices. Also a major attack on an oil depot in Tehran. In return, Iran is reported to have hit an oil refinery in Israel and some aircraft refueling infrastructure. There are reports both sides are expanding attacks to civilian areas too. This is rapidly turning into a major crisis. This can drag regional countries like Pakistan in to supply arms and assistance to Iran; and eventually US given Israel alone is not capable of attacking bunkered nuclear sites.