Oil Nears $120 as Key Gulf Energy Hubs Come Under Attack
Yahoo Finance·2026-03-19 17:48
Qatar's Ras Laffan complex, pictured earlier this month, is one of several energy facilities that have suffered damage. - Stringer/Reuters Oil and gas prices surged Thursday after some of the world’s most critical energy facilities were hit in a fresh wave of attacks in the Middle East, stoking fears of deeper and more prolonged disruptions to global supplies. In mid-morning European trade, Brent crude climbed 10% to $118.50 a barrel and was up 65% on the month. West Texas Intermediate, the U.S. oil gaug ...