Trending Now - Attack on South Pars Gas Field Linked to Us-israel Forces
WHO:
Iran's state media reported the attack.
Israel is identified as the attacker.
Andres Cala, geopolitical analyst at Montel News, commented on the situation.
Anne-Sophie Corbeau, global research scholar at the Columbia Center, provided insights on Qatar's concerns.
WHAT:
Israel attacked Iran's South Pars gas field, the largest in the world.
Facilities associated with the gas field were reported to be on fire.
Iran vowed to retaliate against energy facilities in other Gulf countries.
Global oil prices rose following the attack.
Gas prices in Europe jumped 7% due to fears of Iranian retaliation.
Iran exports approximately 9 billion cubic meters of gas, compared to Qatar's more than 120 billion cubic meters.
WHERE:
The South Pars gas field is located near Asaluyeh on Iran's Gulf coastline.
The gas field is shared with Qatar, which refers to it as the North Field.
Qatar's Ras Laffan facility is where liquefied natural gas is exported.
WHEN:
The attack was reported on March 18th, 2026.
In July 2025, public buildings in Iran had to shut down due to power shortages.
WHY:
The attack is seen as a serious escalation in the ongoing conflict, threatening retaliatory strikes on Gulf and Israeli production facilities.
Iran relies heavily on gas for electricity and heating, making the South Pars field critical for its domestic energy supply.
HOW:
The attack on the gas field is characterized as the first targeting of an Iranian upstream oil and gas facility during the ongoing war.
(UPDATED March 18, 2026 19:29 UTC)
Today, Israel launched an attack on Iran's South Pars gas field, the largest in the world, which is located near Asaluyeh on Iran's Gulf coastline and is also shared with Qatar. Following the attack, facilities at the gas field were reported to be on fire, and Iran has vowed to retaliate against energy facilities in other Gulf countries, causing global oil prices to rise and gas prices in Europe to jump by 7%. This incident marks a serious escalation in the ongoing conflict, as it is the first time an Iranian upstream oil and gas facility has been targeted during the war, highlighting the critical importance of the South Pars field for Iran's domestic energy supply.