Israeli Official says earlier strike on the South Pars gas field was aimed at signalling to Iran that if it continues to disrupt oil supply through the Strait of Hormuz, there could be an escalation in targeting of its energy facilities, via Axios' Ravid
Newsquawk Staff ·
- It was a signal of what could come next.
Full Post: "An Israeli official said the strike on the gas facility was coordinated between the Israeli prime minister's office and the White House. The official said it was aimed at signaling to Iran that if it continues disrupting oil supply through the strait of Hormuz there could be an escalation in the targeting of its energy facilities and a worsening of the economic crisis in the country. "It was a signal of what could come next", the official said"
What it means
The Israeli strike on the South Pars gas field serves as a clear warning to Iran about the repercussions of its actions in the Strait of Hormuz. This escalation in geopolitical tension could disrupt oil supply chains, consequently impacting energy markets—including prices for crude oil and natural gas—as well as broader financial markets sensitive to geopolitical risks.
Sources
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