Katz says Israel has attacked Iran's South Pars gas field

Israel has reportedly attacked Iran's South Pars gas field, a major hydrocarbon asset, increasing the risk of supply disruption and higher regional gas prices. Expect upward pressure on oil/LNG markets, elevated price volatility and risk‑off flows as geopolitical escalation and potential sanctions or retaliation become more likely.

Analysis

Israel has reportedly attacked Iran's South Pars gas field, a major hydrocarbon asset, increasing the risk of supply disruption and higher regional gas prices. Expect upward pressure on oil/LNG markets, elevated price volatility and risk‑off flows as geopolitical escalation and potential sanctions or retaliation become more likely.