Iran War Creates Tax Challenges for Gas Companies

Middle East outlets highlight Iran’s threats to mine Gulf waters, close the Strait of Hormuz and hit water and power infrastructure if its own plants are attacked. They stress that such steps would endanger Gulf oil and gas exports, regional electricity grids and desalinated water supplies that millions rely on. They expect any strike on Iranian energy sites to trigger tit‑for‑tat attacks that could drag Iraq and other neighbours deeper into the war.

• •Iranian leaders warn that mining the Strait of Hormuz would halt much of the Gulf’s oil and gas exports.
• •Officials in Tehran state that any US strike on Iranian power plants will be met with attacks on regional water and energy facilities.
• •Reports from the region say Iraq is being pulled into the conflict as US forces hit Iran‑aligned groups on Iraqi soil.
• •Israeli residents in southern towns complain that local defences are stretched as the war with Iran intensifies.
• •Commentators in the region argue that targeting water and power plants risks long blackouts and shortages for civilians across West Asia.