Israel vows 'to target Iran's oil in missile attack revenge' after barrage from Tehran marked 'significant escalation' in crisis, as it edges ever closer to WWIII | 2 Oct 2024 | Israel is preparing a "significant retaliation" to Iran's 200-strong barrage of missiles last night that could target the Middle Eastern nation's lucrative oil facilities. The region is edging closer to all-out war that is already drawing in allies on both sides -- with British jets used to counter Iran's strikes, which were fired in retaliation to attacks on Lebanon in recent days. Reports suggest Israel, which has vowed to strike "powerfully" in response to Iran, could go after the country's oil facilities; Iran is the third biggest producer of crude oil in the OPEC group of oil producing countries. Prime Minister Sir Keir Starmer, who was on the phone with his Israeli counterpart Benjamin Netanyahu when the Iranian attack began, said: "I am deeply concerned that the region is on the brink and I am deeply concerned about the risk of miscalculation." In a rare urgent statement from Downing Street, the PM also warned Brits to evacuate Lebanon, where Israeli forces launched a ground invasion on Iran-backed Hezbollah targets on Monday night.