*Walter Bloomberg|Mar 24, 2026 12:23
IRAN HALTS GAS TO TURKEY AFTER STRIKE
Iran has stopped gas exports to Turkey following an Israeli strike on the South Pars field.
Turkey relied on Iran for about 14% of its gas but continues to receive supplies from Russia and Azerbaijan, with storage reserves available. The duration of the halt is unclear.
The strike—and Iran’s retaliation on regional energy sites—has pushed European gas prices sharply higher, still around 66% above pre-war levels.
South Pars is critical to Iran’s energy system, and the disruption highlights growing risks to regional supply.(*Walter Bloomberg)
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