The United States was informed about plans for an Israeli strike on Iran’s massive offshore South Pars natural gas field Wednesday but did not take part in it, according to a person familiar with the matter who was not authorized to comment publicly and spoke on condition of anonymity.

U.S.-Israeli war with Iran is escalating pressure on the region's energy sector, the price of oil surged another 5% to over $108 a barrel on international markets, increasing the cost of gasoline and other goods while squeezing the global economy.

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