If an observer is placed where a "nether portal" block will appear when the portal is lit, then the observer will not give off a redstone pulse, however, when the portal is destroyed by water from a dispenser, it works as normal, and the observer gives off a redstone pulse.
Environment
Java Version (build 1.8.0_231-b11)
Windows 10 x64 18363
Hello! This is a duplicate of MC-107664.
However, said bug indicates that this behavior is patched.