Israel Attacking Iran’s Energy ‘Wasn’t a Surprise’ to the Trump Administration
Iran retaliated with strikes on regional energy sites after Israel bombed South Pars, impacting global gas supplies and causing European gas prices to surge over 28%, analysts said.
- Overnight, Israel bombed Iranian facilities tied to the South Pars gas field, prompting immediate Iranian strikes on energy infrastructure across the Persian Gulf.
- South Pars underpins Iran's energy system, supplying about 80 per cent of its electricity and most of its gas from a shared field with reserves between 14 and 51 trillion cubic metres.
- About 20 per cent of the world's oil moves through the Strait of Hormuz, where Iran diverted gas domestically after the South Pars strike, halting supplies that fed neighbours and stranding hundreds of ships.
- Global markets reacted with immediate price spikes as Gulf countries such as Oman and the United Arab Emirates condemned the strikes; Qatar reported 'extensive damage' at Ras Laffan and Saudi Arabia intercepted missiles.
- Qatar faces export challenges because its gas must pass through the Strait of Hormuz, and analysts warn overland alternatives are costly and limited, with Neil Quilliam saying, 'It will be very hard to do so, to be honest, because it's such a locked-in space.
26 Articles
26 Articles
What is the South Pars gas field in Iran threatened by Trump?
An Israeli airstrike on the world’s largest natural gas field in South Pars, Iran, has raised fears of escalatory attacks on energy infrastructure across the Middle East. The Wednesday strike on South Pars marked the first U.S.-Israeli attack on Iranian energy production infrastructure of the war, and triggered a series of retaliatory strikes on Gulf oil and gas infrastructure. Despite reports that the strike was conducted in coordination with W…
Israel hit on Wednesday the largest Iranian gas deposit, South Pars, causing in return attacks by the Islamic regime on the energy infrastructure of the Gulf countries.
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