Brent Crude surges as Iranian attacks hit key Gulf energy infrastructure

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Business Tech 19-03-2026 | 15:30

Brent Crude surges as Iranian attacks hit key Gulf energy infrastructure

Major LNG plant in Qatar and refineries in Saudi Arabia and Kuwait targeted.
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Brent Crude surges as Iranian attacks hit key Gulf energy infrastructure
A global energy supply crisis (AFP).
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Oil prices continued to rise today, Thursday, after strikes targeting energy infrastructure in the Middle East raised further concerns about supply.

 

Brent crude from the North Sea rose by more than 10 percent, reaching 119.13 dollars per barrel, while West Texas Intermediate, the US benchmark crude, increased by 2.6 percent to 98.81 dollars per barrel.

 

This comes amid Iranian attacks on a major liquefied natural gas facility in Qatar, considered the largest in the world, as well as oil refineries in Saudi Arabia and Kuwait.

 

 

عامل يتحقق من الصمامات الخاصة بالأنابيب المرتبطة بخزانات النفط في ميناء جيهان التركي. (رويترز)
عامل يتحقق من الصمامات الخاصة بالأنابيب المرتبطة بخزانات النفط في ميناء جيهان التركي. (رويترز)

Tags
Brent crude ، Iran ، Middle East ، energy installations