'There's a lot of ways that this could escalate and get worse': Iran war rattles energy markets

AFP / France 24
by FRANCE24
March 20, 2026
8 views
3 min read

Quick Insights

The Bottom Line

Israel's attack on Iran's South Pars natural gas field is rattling global energy markets with risk of further escalation.

How This Affects You

Additional strikes on critical energy infrastructure could disrupt global oil and gas supplies, raising U.S. gasoline and heating costs.

AI Summary

Israel's attack on Iran's South Pars natural gas field is rattling global energy markets, raising concerns about potential escalation. Dan Marks, a research fellow in energy security at the Royal United Services Institute, highlighted the risk of further attacks on critical energy infrastructure across the region. This situation could worsen significantly, impacting global energy supplies and prices. The South Pars field is one of the world's largest natural gas condensates fields, making it a crucial asset for Iran's economy and a vital source for international energy markets. The conflict between Israel and Iran threatens to disrupt a key global energy producing region.

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