The price of crude is nearly $115 a barrel following Iran’s strikes on these key Gulf energy facilities

Global 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.Th...

By · · 1 min read

Source: www.fastcompany.com

Global 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.The attacks added to fears the energy crisis triggered by the closure of the Strait of Hormuz to tanker traffic may be longer and more extensive than feared, with lasting damage to oil and gas production.Brent crude, the international benchmark, rose nearly 6% to $113.77 per barrel, up from less than $73 per barrel on the eve of the war. 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. Qatar normally supplies some 20% of the world’s consumption of LNG, which can be carried by ship. The facility shut down after

Related Posts

Similar Topics

#bitcoin (1546)#business (1176)#markets (371)#ai (275)#crypto (243)#legal (194)#bitcoin treasury (140)#bitcoin for corporations (109)#mining (169)#michael saylor (148)#politics (119)#bitcoin mining (133)#spot bitcoin etf (134)#industry (125)#microstrategy (121)#btc (110)#bitcoin price (108)#lightning (119)#asia (114)#blackrock (100)

Trending on ShareHub

  1. Understanding Modern JavaScript Frameworks in 2026
    by Alex Chen · Feb 12, 2026 · 0 likes
  2. The System Design Primer
    by Sarah Kim · Feb 12, 2026 · 0 likes
  3. Just shipped my first open-source project!
    by Alex Chen · Feb 12, 2026 · 0 likes
  4. OpenAI Blog
    by Sarah Kim · Feb 12, 2026 · 0 likes
  5. Building Accessible Web Applications: A Practical Guide
    by Alex Chen · Feb 12, 2026 · 0 likes
  6. Rapper Lil Poppa dead at 25, days after releasing new music
    Rapper Lil Poppa dead at 25, days after releasing new music
    by Anonymous User · Feb 19, 2026 · 0 likes
  7. write-for-us
    by Volt Raven · Mar 7, 2026 · 0 likes
  8. Before the Coffee Gets Cold: Heartfelt Story of Time Travel and Second Chances
    Before the Coffee Gets Cold: Heartfelt Story of Time Travel and Second Chances
    by Anonymous User · Feb 12, 2026 · 0 likes
    #coffee gets cold #the #time travel
  9. Best DoorDash Promo Code Reddit Finds for Top Discounts
    Best DoorDash Promo Code Reddit Finds for Top Discounts
    by Anonymous User · Feb 12, 2026 · 0 likes
    #doordash #promo #reddit
  10. Premium SEO Services That Boost Rankings & Revenue | VirtualSEO.Expert
    by Anonymous User · Feb 12, 2026 · 0 likes
  11. NBC under fire for commentary about Team USA women's hockey team
    NBC under fire for commentary about Team USA women's hockey team
    by Anonymous User · Feb 18, 2026 · 0 likes
  12. Where to Watch The Nanny: Streaming and Online Viewing Options
    Where to Watch The Nanny: Streaming and Online Viewing Options
    by Anonymous User · Feb 12, 2026 · 0 likes
    #streaming #the nanny #where
  13. How Much Is Kindle Unlimited? Subscription Cost and Plan Details
    How Much Is Kindle Unlimited? Subscription Cost and Plan Details
    by Anonymous User · Feb 12, 2026 · 0 likes
    #kindle unlimited #subscription #unlimited
  14. Russian skater facing backlash for comment about Amber Glenn
    Russian skater facing backlash for comment about Amber Glenn
    by Anonymous User · Feb 18, 2026 · 0 likes
  15. Google News
    Google News
    by Anonymous User · Feb 18, 2026 · 0 likes

Latest on ShareHub

Browse Topics

#artificial intelligence (31570)#data science (24018)#ai (17153)#generative ai (15034)#crypto (15004)#machine learning (14681)#bitcoin (14257)#featured (13566)#news & insights (13064)#crypto news (11091)

Around the Network