Iran Says Strikes Hit Key South Pars Gas Field, Oil Facilities.

  • Published In: Bloomberg.com, 2026. P. N.PAG 1 of 3

  • Database: Business Source Ultimate 2 of 3

  • Authored By: Sykes, Patrick 3 of 3

Abstract

The article reports that Iran stated US and Israeli airstrikes targeted its South Pars natural gas field and nearby oil and petrochemical facilities in Asaluyeh, marking a potential first attack on Iran's upstream oil and gas infrastructure in the ongoing conflict. South Pars, a major gas field shared with Qatar, reached a record daily production of 730 million cubic meters in 2025. Following the news, European gas futures initially fell but later recovered some losses, while Brent crude oil futures briefly rose above $105 a barrel. [Extracted from the article]

Additional Information

  • Source:Bloomberg.com. 2026/03, pN.PAG
  • Document Type:Article
  • Subject Area:Environmental Sciences
  • Publication Date:2026
  • Accession Number:192418843
  • Copyright Statement:Copyright of Bloomberg.com is the property of Bloomberg, L.P. and its content may not be copied or emailed to multiple sites without the copyright holder's express written permission. Additionally, content may not be used with any artificial intelligence tools or machine learning technologies. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)

Looking to go deeper into this topic? Look for more articles on EBSCOhost.