Iran gas field strikes roil markets
The South Pars gas field, hit by Israel, is shared by Iran and Qatar and accounts for roughly a third of global natural gas reserves.
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Energy markets remain on edge this week as Iran and Israel target some of the Middle East’s most critical energy infrastructure, including the South Pars gas field on Wednesday. Shared by Iran and Qatar, the field accounts for roughly a third of global natural gas reserves, meaning any sustained disruption could have significant implications for supply in both the short and long term. The fallout is also beginning to ripple beyond energy, testing investment flows, trade routes and supply chains across the region.
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