Iran Partially Suspends South Pars Gas Output After Israeli Strike

Iran has partially suspended production at the South Pars gas field, the world's largest, following an Israeli airstrike that caused a fire at one of its key processing units. This incident marks the first known Israeli strike targeting Iran's vital oil and gas infrastructure and represents a significant escalation in the ongoing conflict between the two nations. The South Pars field, shared between Iran and Qatar, is responsible for the majority of Iran's gas output, with the strike halting 12 million cubic meters of gas production per day. Iran, the world's third-largest gas producer, consumes most of its gas domestically due to international sanctions, while Qatar exports its share globally. The strike coincided with a surge in oil prices and followed Israel's broader air offensive aimed at preventing Iran from developing nuclear weapons. Additionally, Israel struck an underground missile facility in western Iran, further intensifying the conflict.