Brent crude oil prices rose to a record high of $111 a barrel after Iran attacked South Pars on Wednesday. US President Donald Trump said the attack was carried out by Israel and that the US was not involved. He said he was not even aware of the attack. This gas field in the Persian Gulf is shared by Iran and Qatar. It lies to the south of Iran and to the north of Qatar. That is why the Iranian part is called South Pars and the Qatari part is called North Field. The attack on this gas field has dealt a major blow to Iran. It has also raised the risk of attacks on other energy centers in West Asia. The UAE said the attack threatened global energy supplies and regional security. Qatar called the attack a "dangerous and irresponsible move".

In retaliation for the attack on South Pars, Iran has retaliated by attacking various energy centers in West Asia, including the industrial city of Ras Laffan in Qatar. As one energy center after another is targeted, the risk of the world's oil crisis deepening has increased.  Iran uses the gas produced in South Pars for the domestic market. 70 percent of Iran's total gas consumption comes from here. The gas is used in electricity, energy and production centers, vehicles, etc. In addition,  its raw gas is exported through pipelines to neighboring countries Turkey, Armenia and Iraq. 

Iran has also made plans to process and export gas from South Pars. It had also proposed to send oil from South Pars to Europe via pipelines via Iraq, Syria, and the Mediterranean. However, due to the lack of technology caused by Western sanctions and the economic crisis,  these plans have not yet been realized. 

Qatar, the world's second largest exporter of LNG gas (after the United States),  It has invested heavily in infrastructure development in its field (North Field). Qatar sends its crude gas through a pipeline to the Ras Laffan industrial city. There, it is treated and purified and sent to the rest of the world through tankers.

Qatar exports 20 percent of the world's total LNG gas consumption. Gas goes from Qatar to Asian countries, Europe, America and Africa. Qatar temporarily stopped gas processing and production after the war began. The attack on Ras Laffan has worsened this situation. Such a situation could deepen the global fuel crisis and increase prices.

Iran is blocking the Strait of Hormuz. As a result, the world is still facing an energy crisis. The attacks on South Pars and Ras Laffan have caused a stir in the energy market again. On Wednesday, the price of Brent crude oil rose to a high of $111 per barrel after the attack.