Iran Says US-Israel War Caused Major Damage to Its Energy Sector

Date:

Tehran, Iran – Web Desk: Iran has reported significant damage to its energy sector during the recent war with the United States and Israel, with its natural gas production capacity taking a major hit .

Impact on Gas Production

Government spokesperson Fatemeh Mohajerani said the conflict reduced Iran’s total gas production capacity by approximately 230 million cubic metres per day, creating significant challenges for the country’s energy sector. The government is taking steps to restore damaged infrastructure and repair affected installations .

Economic Losses

Iran has previously sought compensation for war-related damages from the US and Israel. Iranian officials earlier estimated the war, which began on February 28, caused direct and indirect losses of approximately $270 billion to the country .

Regional Implications

Energy analysts warn that if the gas production shortfall persists, it could have repercussions for Iran’s economy, regional energy supply, and global gas markets .

admin
adminhttps://dailyeveningnews.pk
Daily Evening News is a trusted digital news platform delivering breaking news, latest updates, and in-depth coverage from Pakistan and around the world. We are committed to accurate, timely, and unbiased journalism, keeping our readers informed about politics, business, sports, technology, entertainment, and current affairs

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Share post:

Subscribe

spot_imgspot_img

Popular

More like this
Related

Paraguay Shuts Down Major Bank, Freezing Savings of 3 Million Customers

Paraguay Shuts Down Major Bank, Freezing Savings of 3...

Global Oil Prices Fall for Fourth Straight Day on Iran Peace Hopes

Brent crude drops below $94 per barrel as US...

US Military Prepares for Possible Resumption of Major Operations Against Iran

US military prepares for possible renewed major operations against...

Federal Constitutional Court Restricts Peshawar HC Hearings in MPO Cases

Federal Constitutional Court directs Peshawar High Court to halt...