THE HALFAX HEIMDALL AUGUR

What is the South Pars gas field and why is Israel's attack an escalation? Video Ad Feedback Israel strikes Iran's South Pars gas field 0:30 • Source: CNN Israel strikes Iran's South Pars gas field 0:30 Oil & gas The Middle East Donald Trump See all topics Facebook Tweet Email Link Threads Link Copied! Follow An Israeli strike on Iranian facilities linked to the South Pars gas field marked a significant escalation in the war, prompting a furious Iran to attack major energy facilities of its Persian Gulf neighbors and Israel. Energy prices were already spiking because the effective closure of the Strait of Hormuz means oil and gas that is already produced can’t get to its intended customers on time. But the new wave of attacks against energy facilities, including those processing the South Pars natural gas, puts added pressure on global supply. This double whammy has sent prices for oil and natural gas even higher and prompted US President Donald Trump to threaten to “blow up” South Pars if Iran didn’t stop its own attacks. Here is why the strikes against South Pars are so significant: What is the South Pars gas field? South Pars is part of the world’s largest natural gas reserves,…

'This aggression must stop immediately': Qatar PM slams Iran as LNG hit ... War enters dangerous phase: Iran strikes Qatar gas field after South Pars attack; US denies role Qatar has called for an immediate halt to hostilities after Iranian strikes on its energy infrastructure caused significant damage and raised concerns over global energy supplies. “This war needs to stop immediately, this 'aggression' needs to stop immediately,” Qatar’s Prime Minister Sheikh Mohammed bin Abdulrahman al-Thani said, according to Reuters. Speaking at a joint press conference with the Turkish foreign minister, he also rejected Tehran’s assertion that the attacks were aimed at US-linked assets. “Qatar rejects Iranian claims that Wednesday's attacks on gas facilities in Qatar were targeting U.S. linked facilities,” he said. You may follow our live coverage of the West Asia war here Damage to LNG infrastructure raises global concerns The strikes have hit critical facilities in Ras Laffan Industrial City, damaging infrastructure responsible for about 17% of Qatar’s liquefied natural gas (LNG) export capacity, QatarEnergy CEO Saad al-Kaabi said. In an interview with Reuters, al-Kaabi said repairs could …

The Iran war has changed the global energy system forever | Grist For almost half a century, the vast majority of climate experts have agreed on a solution to global warming: stop burning fossil fuels like coal, oil, and natural gas. But despite the political efforts of governments across the world to promote replacing these fuels, fossil sources have remained a stubbornly large share of global energy — around 80 percent at last count. But the war in Iran, which the United States and Israel launched two months ago this week, may turn out to be the push that dislodges fossil fuels’ place atop the world’s energy system. The Strait of Hormuz, the narrow waterway near Iran through which 20 percent of the world’s oil and natural gas supplies flow, has been blocked since early March, with no relief in sight. This has created the biggest energy crisis in modern history. Twenty-five countries are now reporting critical road fuel, jet fuel, or heating oil shortages . But unlike the oil shock of the 1970s, which occurred in a time when substitutes for fossil fuels were not yet powerful or cheap enough to build at scale, this disruption is happening as renewable energy sources are beginning …

Haifa Refinery Restarts After Iranian Missile Attack, Full Recovery ... Israel |ByMatis Glenn1MIN READ PublishedJun. 29, 2025, 12:55 PM Israel Israel’s main oil refinery in Haifa has partially resumed operations following an Iranian missile strike that forced a shutdown two weeks ago, according to a company update. Bazan, also known as Israel’s Oil Refineries, stated in a regulatory disclosure in Tel Aviv that operations are gradually being brought back online. The company anticipates returning to full functionality by October. It also reported that its insurance covers up to $250 million in damages and lost profits related to acts of war and terrorism. The refinery had reported significant damage to its pipelines and transmission infrastructure on June 15, after being targeted by Iranian missiles. Three employees were killed in the strike, and the company said it was still assessing the impact on operations and financial outcomes. Energy Minister Eli Cohen praised the energy sector’s performance, saying, “Israel’s energy system functioned flawlessly throughout the war, and the swift resolution of the issue at Bazan is further proof of the strength and resilience of Israel’…

Bazan refineries in Israel face repairs until 2028 after Iranian ... Bazan refineries in Israel face repairs until 2028 after Iranian missile strikes caused far more damage than disclosed Israel's largest oil refinery complex sustained critical infrastructure losses that initial public estimates dramatically understated, with ripple effects for energy markets and crypto mining economics Share Add us on Google by Editorial Team Jul. 2, 2026 Israel’s largest oil refinery complex took a far worse beating from Iranian missile strikes than the government initially let on. The Bazan Group facility in Haifa Bay, which handles a significant portion of the country’s refining capacity, will remain offline for repairs until at least 2028, according to Israeli media reports that paint a picture of damage well beyond what authorities previously acknowledged. The damage timeline starts with a June 2025 strike during what was designated Operation Rising Lion. That attack killed three workers and forced a complete shutdown of the facility. Then came March 2026, when additional barrages landed during Operation Lion’s Roar. The infrastructure losses include gas turbines, steam boilers, electrical r…

Iran warns regional energy infrastructure will be 'legitimate ... Iran warned Sunday that energy and critical infrastructure across the region would become “legitimate targets” if its own facilities are attacked. “Immediately after the power stations and infrastructure in our country are targeted, the critical infrastructure, energy infrastructure, and oil facilities throughout the region will be deemed legitimate targets,” Parliament Speaker Mohammad Bagher Qalibaf said in a statement posted on the US social media company X. These targets “will be destroyed in an irreversible manner,” he added, warning that “the price of oil will remain elevated for a long time.” The threat came after US President Donald Trump issued an ultimatum Saturday, giving Tehran 48 hours to open the Strait of Hormuz or face strikes on its power plants, “starting with the biggest one first.” Iranian Foreign Minister Abbas Araghchi warned Friday that Iran would show “zero restraint” if its infrastructure was attacked. Since early March, Iran has effectively closed the Strait of Hormuz, a key oil transit route that normally handles about 20 million barrels per day and roughly 20% of global liquefied natural …

The Iran war has pushed some countries away from oil and toward clean energy NPR | By Julia Simon Published July 9, 2026 at 4:00 AM CDT Facebook Twitter LinkedIn Email Ezra Acayan / Getty Images Workers install solar panels on the roof of a house on July 6, 2026 in Antipolo, Philippines. In the wake of the Iran war, the Philippines imported more than $400 million in solar panels from February to May. A new round of bombing has begun in the Middle East. More than four months after the beginning of the U.S.-Israeli war with Iran, one thing is clear: some countries are not going back to fossil fuel imports in the same way they relied on them in the past. Instead, countries across Asia and Africa are speeding up the adoption of solar, batteries and electric vehicles in a deliberate strategy to decrease their dependence on imported natural gas and oil. The war has underscored the precarity of oil and natural gas supplies and prices. The effective closure of the Strait of Hormuz cut off more than a fifth of liquified natural gas or LNG supplies, and prices haven't been the same since. European and Asian prices for natural gas, which is mainly used for electricity and…

The war on Iran will speed the transition away from fossil fuels and ... ByRachel Bronson|Analysis| March 13, 2026 View looking north showing the Strait of Hormuz, connecting the Gulf of Oman with the Persian Gulf, with the Zagros Mountains and Qeshm Island of Iran in the background, and areas of Oman, Muscat and the United Arab Emirates in the foreground, as seen from the Space Shuttle Columbia in 1992. (Photo by Space Frontiers/Archive Photos/Hulton Archive/Getty Images) One of the biggest surprises following the US-Israel attacks on Iran was how quickly Iran targeted Persian Gulf energy infrastructure. In the early hours of the fighting, energy analysts were relatively optimistic that global markets could weather a short-lived conflict.  This optimism was based on past fighting between Israel and Iran that avoided energy infrastructure and a “loose” (that is, well-supplied) oil market. The expectations proved wrong. Within hours of the start of what American planners dubbed “Operation Epic Fury,” Iran began targeting the critical energy infrastructure of its Arab neighbors. Iranattacked Ras Tanura, Saudi Arabia’s largest domestic oil refinery, and Ras Laffan and Masaieed, Qa…

US-Israel strikes hit military sites in Iran's Bushehr province as ... US-Israel strikes hit military sites in Iran’s Bushehr province as crypto markets brace for impact The escalation of Operation Epic Fury is rattling energy markets and dragging Bitcoin into the crossfire of geopolitical risk repricing. Share Add us on Google by Editorial Team Jul. 8, 2026 US and Israeli forces struck two military sites in Iran’s Bushehr province, extending a campaign that has kept energy markets on edge and sent shockwaves through risk assets, including crypto. The strikes targeted military infrastructure in a region best known for housing Iran’s only operational nuclear power plant. What’s happening in Bushehr The latest strikes are part of a broader military campaign, Operation Epic Fury, which commenced on February 28, 2026, with nearly 900 combined US and Israeli strikes against Iranian military and leadership targets. Bushehr province, and specifically sites near the town of Khormuj, has been hit on multiple occasions since the campaign began. The IAEA reported in early April 2026 that a projectile struck near the Bushehr nuclear power plant, resulting in one fatality. Advertisement Irania…

Iran war will change global energy market in these ways, oil ... - CNBC In this article The world's energy system will change in big ways as a result of the Iran war, the CEOs of key oil and gas companies told investors on their earnings calls over the past two weeks. Iran's blockade of the Strait of Hormuz has resulted in the loss of nearlya billion barrelsof oil, with the shortage growing worse every day the sea lane remains closed. The disruption has demonstrated the fragility of the global energy system, said Olivier Le Peuch, CEO of the big oilfield services companySLB. "It's going to drive fundamental structural change across the energy landscape," said Lorenzo Simonelli, the CEO ofBaker Hughes, a competitor of SLB. Governments and industry will prioritize energy security, Le Peuch and Simonelli said. It is "no longer simply a talking point," said Jeffrey Miller, the CEO ofHalliburton, the other big oilfield services firm. Investment in oil exploration and production will increase as a consequence, the CEOs said. Low carbon solutions like geothermal, nuclear and grid modernization will continue to see investment, Simonelli said. "It's not just about increasing energy …

Over 40 Middle East energy assets 'severely damaged,' IEA says - CNBC The head of the International Energy Agency said on Monday that at least 40 energy assets across nine countries in the Middle East have been "severely or very severely" damaged since the Iran war began, raising fears of prolonged supply disruptions. Speaking at the National Press Club in Australia's capital, IEA Executive Director Fatih Birol said damage to oil and gas fields, refineries and pipelines across the Middle East would take some time to repair. His comments come as market participants closely monitor threats from the U.S. and Iran over energy facilities as thesprawling regional conflictenters its fourth week. The Iran war hasseverely disruptedenergy trade flows through thestrategically vital Strait of Hormuz, creating what the IEAsaysis the largest supply disruption in the history of the global oil market. The global supply of liquefied natural gas (LNG) has also been reduced by roughly 20% since the conflict began on Feb. 28. Birol said thefallout from the Iran waris equivalent to the two major oil crises of the 1970s and the 2022 gas crisis "put together." He added: "And, if I may, not only oil…

Red Line Crossed: Israel Targets Upstream Energy Assets and Iran ... Intelbrief/Red Line Crossed: Israel Targets Upstream Energy Assets and Iran Responds March 18, 2026 Bottom Line Up Front: On Wednesday, Israel signaled a clear expansion of the conflict, striking energy production facilities at Iran’s South Pars field.The unprecedented attack sparked retaliation, with Iran striking by drones and missiles at energy facilities across the Gulf region, including Qatar’s North Field, the shared extension of South Pars, and the world’s largest LNG hub. Earlier in the conflict, Israel had targeted oil depots in Tehran, but its strike on the Pars field signifies it is now targeting upstream energy facilities. According to media reports, the strikes against Iran’s Pars gas field facilities were approved by and coordinated with the Trump Administration. Iran’s South Pars Field and Qatar’s North Field together form the largest natural gas field in the world. Iran’s Ministry of Petroleum has stated that several facilities were damaged, but the extent of the destruction remains unclear. The Israeli strike on upstream production facilities crosses of a line that Tehran has long made clear…