Oil and gas prices jump after Iran and Israel attack gasfields

2026-03-19 - 09:40

Month-ahead UK wholesale gas price hits highest level since August 2022 as Donald Trump threatens retaliation Middle East crisis – live updates Business live – latest updates Gas prices jumped and oil prices rose again after an escalation of attacks by Israel and Iran on gasfields heightened fears of prolonged disruption to international energy supplies. Brent crude, the global oil benchmark, rose by 8% to $116 a barrel. Crude prices have soared by nearly 60% since US and Israeli attacks on Iran started the war on 28 February. Continue reading...