The Significance of Israel’s Strike on Iran’s Largest Gas Field
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Original source
When Israeli jets struck the South Pars gas complex near Asaluyeh, they hit more than pipes and compressors. They struck the single piece of infrastructure most essential to Iran's ability to function -- a field that provides 75 percent of Iran's domestic gas supply and powers roughly 80 percent of the country's electricity generation. The strike halted output at two refineries with a combined daily capacity of around 100 million cubic meters, sending prices soaring and triggering Iranian retaliatory strikes on energy infrastructure in Gulf Arab…
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Original article published by OilPrice.com on March 20, 2026. Analysis and insights provided by AnalystMarkets AI.