A post by @FirstSquawk on X.

A fire broke out on a platform in Iran's South Pars gas field, according to the Fars news agency, with authorities saying the situation is under control and the cause is under investigation. South Pars is the world's largest natural gas field, shared by Iran and Qatar, and accounts for the bulk of Iran's gas output, making any disruption there a potential risk to regional energy supply. Details on which platform was affected, the extent of damage and whether production was halted were not immediately disclosed. Traders will watch for confirmation of any output impact and for follow-up statements from Iran's oil ministry, since a prolonged outage could tighten gas and LNG markets.