🚨 Potential Impact on Iran’s Oil & Gas Production Amid a Conflict with Israel 🚨

If tensions between Iran and Israel escalate into all-out war, the global energy market could face massive disruptions. Here’s how Iran’s oil & gas production might be impacted:

⚡ Oil Disruptions:

• Key Infrastructure at risk: Kharg Island and Sirri Island, Iran’s lifelines for oil exports, could be targeted—putting 1.6-1.7M bpd of crude at risk! 💥

• Refinery Shutdowns: Attacks on major refineries like Bandar Abbas could cripple 300K bpd of refined oil products, causing massive shortages.

• Strait of Hormuz: A vital passage for 20% of the world’s oil could be cut off, shaking global supply chains. 🌍💥

⚡ Gas Disruptions:

• Pipeline Vulnerabilities: The Tabriz-Ankara pipeline, moving 9-10 bcm/year of gas to Turkey, could be halted.

• South Pars Gas Field: Disruption here would affect 1 bcm/day of natural gas, causing power outages and industrial slowdowns. 🏭💡

📉 Total Potential Impact:

• Oil Exports: Up to 100% of Iran’s 1.7M bpd crude oil exports could vanish from the market.

Gas Exports: 17-20 bcm/year of gas, especially to Turkey and Iraq, could be at risk.

• Domestic Energy: Power shortages could hit home, with domestic consumption severely impacted.

🌐 Global Energy Market on High Alert! This is a critical moment for oil and gas traders. Stay vigilant and watch the markets as any disruption could cause a ripple effect worldwide.

#Binancepen_spark #crudeoil #NaturalGas #Debate2024 #Write2Earn!