Israel Says It Struck Iran’s Largest Petrochemical Complex Israel announced an airstrike on Iran’s South Pars petrochemical facility in Asaluyeh, inflicting significant economic damage. Defense Minister Israel Katz stated the strike hit a crucial part of Iran’s industrial base, responsible for about 50% of its petrochemical production. The damage is estimated to be in the tens of billions of dollars.

• Israel conducted an airstrike on Iran’s largest petrochemical facility, the South Pars plant at Asaluyeh.
• The strike inflicted massive economic damage and targeted a key pillar of Iran’s industrial base.
• The facility is responsible for approximately 50 percent of Iran’s petrochemical production.
• The estimated economic damage to the Iranian regime is tens of billions of dollars.