U.S.-Iran proxy war 'close' to escalating U.S. to step up monitoring "Iran not a major oil importer... Global political flows to establish countermeasures ▲이스라엘의 대대적인 보복 공습이 이어진 9일 팔레스타인 가자지구 가자시티 전역이 화염과 연기에 둘러싸여 있다. (EPA연합뉴스) The war between Israel and the Palestinian militant group Hamas is in full swing, and South Korea's oil refining industry is on high alert. Refiners are preparing to take measures as they expect the armed conflict to hit oil supplies if it turns into a proxy war between the United States and Iran. The war has been raging for three days after Hamas launched a surprise attack on Israel on July 7 (local time). So far, more than 800 people have been killed on the Israeli side and more than 600 on the Palestinian side of the Gaza Strip. Casualties have also been high in Gaza, which has been under intensive air strikes since Israeli Prime Minister Benjamin Netanyahu declared war on Hamas. The price of West Texas Intermediate (WTI) crude oil for Novemb...