LOADING ERROR LOADINGGlobal energy prices soared Thursday after Iran attacked two oil refineries in Kuwait and a key natural gas facility in Qatar that can supply one-fifth of the world’s liquified natural gas. U.S. benchmark crude was less affected by the latest attacks in the Middle East, rising less than 1% to $96.26 per barrel. The European TTF benchmark for natural gas prices traded 17% higher on Thursday and has doubled in the past month. The Iranian attack hit the Ras Laffan terminal for shipping out liquefied natural gas in Qatar. AdvertisementA view of the liquefied natural gas (LNG) production facility in Qatar's Ras Laffan Industrial City on March 3, 2026.

Source: Huffington Post March 19, 2026 13:44 UTC