Solid-liquid-gas reactions are ubiquitous. An understanding of how gases influence the reactions at the nanoscale is significant for achieving the enhanced triple-phase reactions. Here, we report a real-time observation of the accelerated etching of gold nanorods with oxygen nanobubbles in aqueous hydrobromic acid using liquid cell transmission electron microscopy (TEM). Our observation reveals that when an oxygen nanobubble is close to a nanorod below the critical distance (~1nm), the local etching rate is significantly enhanced with over an order of magnitude faster. Molecular dynamics simulations results show that the strong attractive van der Waals interaction between the gold nanorod and oxygen molecules facilitates the transport of oxygen through the thin liquid layer to the gold surface and thus plays a crucial role in increasing the etching rate. This result sheds light on the rational design of solid-liquid-gas reactions for enhanced activities.