US EditionWhat Happens if Israel Targets Iran’s Energy Lifelines?
12 Articles
12 Articles
What Happens if Israel Targets Iran’s Energy Lifelines?
As the confrontation between Israel and Iran intensifies, global oil and gas markets are on high alert—but not yet in crisis mode. While crude prices have edged higher, they remain well below panic thresholds, reflecting market confidence that core supply infrastructure remains intact. OPEC+ output increases and the absence of direct strikes on Iran’s major export terminals have helped temper volatility. However, this fragile stability may not h…
‘As fast as we possibly can’: Energy expert on transitioning to renewables
Industry leaders at the Energy Asia 2025 conference held in Kuala Lumpur said on Tuesday (Jun 17) that escalating tensions between Israel and Iran are a stark reminder that oil and gas remains vital for energy security. Executives also warned that supply disruptions around the Strait of Hormuz could trigger sharp price swings. CNA’s Roland Lim speaks to Lord Adair Turner, chairman of the Energy Transitions Commission, to get his take on the vola…
Iran has partially suspended natural gas production at its South Pars field, the world's largest, after an Israeli drone strike on Saturday caused a fire and a major explosion in production infrastructure, Iranian media reported. The attack shut down one of four production units at the South Pars field in southern Bushehr province, which accounts for about 70 percent of Iran's total gas output. With proven reserves of 28 trillion cubic meters, S…
Israel targets Iran's energy sector
Israeli strikes have targeted key Iranian energy infrastructure, including the pivotal South Pars gas field, amidst escalating conflict. WTX News WTX News - WTX News Breaking News, fashion & Culture from around the World - Daily News Briefings -Finance, Business, Politics & Sports News
Conflict between Israel and Iran fired the oil price on Saturday. The impact of the Middle East crisis on the energy market is still uncertain, but experts agree that a blockade of the Ormuz Road will bring additional pressure. Finally, there is a fifth of the global oil demand.
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