With attacks shifting decisively toward critical oil and gas infrastructure across the Gulf, the Iran war has entered a dangerous new phase, one that is already reverberating through global energy markets and military calculations. To this end, oil prices surged sharply yesterday, with Brent crude briefly climbing above $119 per …
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Iran-US-Israel war: Gas price jumps 50%, crude, 10%
Following the Middle East crisis sparked by US-Israeli strikes in Iran, natural gas prices spiked by nearly 50% on Monday after QatarEnergy, one of the world’s biggest exporters, halted production following “military attacks” on its facilities. The oil and gas prices surge, BBC reports, is just as Iran continues to launch …
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