Prolonged Iran war could trigger recession as Qatar gas plant strikes branded 'serious escalation'

A prolonged war in the Middle East could trigger a recession, analysts have warned, as strikes on Qatar s gas plant were branded “a serious escalation”. Any hopes of the conflict calming have been dashed after attacks on Middle East energy sites. Israel bombed Iran s South Pars gas field. And Iran responded by hitting multiple oil and gas targets across the Gulf yesterday night. These included the critical Qatari Ras Laffan liqid natural gas (LNG) facility. UK natural gas prices spiked by more