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(Reuters) -Iran has partially suspended gas production at the world’s biggest gas field after an Israeli strike caused a fire there on Saturday, the semi-official Tasnim news agency reported, in what would be the first Israeli strike on Iran’s oil and gas sector.
Iran shares the South Pars gas field with Qatar. Striking it would mark a major escalation in the conflict, which had already pushed oil prices up 9% on Friday even though Israel spared Iran’s oil and gas on the first day of its attacks.
Israel launched an air offensive against Iran on Friday, killing commanders and scientists and bombing nuclear sites in a stated bid to stop Tehran building an atomic weapon.
The South Pars field is located offshore in Iran’s southern Bushehr province and is responsible for the lion’s share of…more
Source www.yahoo.com
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