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Fire Ignites at Iran's Gas Field After Airstrike, Prices Surge

3/20/2026

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Story summary
  • A large fire erupted near Iran's South Pars gas field after an Israeli airstrike on March 18, 2026.
  • Eyewitness footage from Bushehr Province was verified by Reuters.
  • Iran's Fars News Agency reported damage to gas tanks and refinery parts.
  • Qatar said Iranian missile attacks targeted its Ras Laffan LNG field.
  • UK natural gas prices rose nearly 25%, raising concerns about global energy supply disruptions.