Iran’s war on oil, conflict in the Gulf escalates

The attack of Israel a South Pars e alle state refineries in Assaluyehmarks a new level ofmilitary escalation in the Persian Gulfbecause it directly invests one of the main onesIranian energy infrastructure. Reported damage to tanks and storage units connected to thegiacimento offshore South Parsconcern a central system forsupply of the countryin which over 70% ofelectricity production dipende dal natural gas.

South Pars targeted by Israel and the United States

The authorities have ordered the transfer of personnel to safe areas and activated the security systems, but the accident risks hindering the flow ofcondensed(very light liquid hydrocarbons) intended forinternal marketworsening a situation already weakened for yearssanctionsand by limited technological capacity. The episode fits in the wake ofattacks recorded in June 2025and confirms how the complex ofSouth Parshas now entered among thesensitive targets of Israel and the United States.

South Pars is the engine of the Iranian energy system

With aannual production of approximately 276 billion cubic metersintended largely forinternal consumptionl’Iranis directly affected by any interruption of the site, with immediate repercussions onindustry, electricity grid e urban areas.

The characteristics of the South Pars deposit

From a technical point of view,South Parsit is the Iranian portion of the largestconventional gas field in the worldun offshore basinof approximately 9,700 square kilometers shared with theQatar.

The Iranian part covers about 3,700 square kilometers and containsreserves estimated at 14 trillion cubic meters of gas and 18 billion barrels of condensates.

The site is organized in24 phases of offshore developmentconnected throughunderwater gas pipelines al coastal hub of Assaluyeh. Here thegasis treated and separated fromcondensed e dal Gplbefore being entered into theNational Network per alimentare power plants, home heating e industry. I condensedthey are instead used asraw material in local refineriesfor the production offuels.

South Pars infrastructure chiave for Iran

The comparison with the Qatari side of the deposit clarifies the difference in function between the two sides of the basin. WhileDohahe built on theNorth Fieldone’s ability toLNG exportsl’Iran utilizza South Parsespecially to support theinternal needs e la stability of the national energy network.

For this reason an attack in the area ofBushehrit not only affects an industrial plant, but aessential infrastructure per l’energy and economic balance of the country. The concentration of the plants and thevulnerability of the areaThey also make each one newmilitary actiona potential additional factorpressure on the Iranian internal system.