The conflict between Israel and Iran spread on Saturday to Iran’s energy infrastructure, raising fears about energy supplies from the Middle East. Kpler has estimated that 21 percent of the world’s liquefied natural gas, most of it from Qatar, flowed through this gauntlet in 2024. development with western partners like Shell and Exxon Mobil, which allow the natural gas to be exported to Europe and Asia. Despite having large natural gas resources, Iran has recently struggled to produce enough fuel to prevent power cuts. Even before the current conflict, signs were emerging of pressure on Iranian oil exports.

Source: The Times June 14, 2025 09:10 UTC