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Commodity · ▼ Bearish · 1 source confirmed · 2026-09-23 06:29 UTC

Iranian Deputy Oil Minister for Planning says by 22nd September, around 50% of damaged capacity at South Pars has returned to service and production has resumed, with all planned restoration work expected to be completed before winter, Fars reports - Newsquawk

Why now

Thesis: Iranian supply recovery eases winter energy tightness

Catalyst to watch: Completion of remaining restoration before winter

Main risk: New strikes could re-damage restored capacity

Why it matters

Restoring half of South Pars damaged capacity adds Iranian gas supply back, easing regional energy tightness into winter.

Related assets & topics

OilNatural GasEnergy

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