Oil and gas prices soar as escalating conflict threatens supplies
US and Israeli air strikes throw energy markets into turmoil
Related reading
Global oil reserves plunge at record pace as Middle East war strains supplies
Stocks near 8-year low ahead of summer travel season despite collapse in demand
Oil surges after Israel’s attack on Iran
Traders fear renewed conflict could threaten supplies across the region
Middle East war live: US oil price tumbles in latest bout of market volatility
Donald Trump continues to play up prospect of deal with Iran, saying they are ‘talking sense’ in negotiations with the US
Oil prices in the driving seat as energy shock upends global markets
Investors are picking winners and losers based on economies’ exposure to inflationary surge
Jet fuel prices soar in Europe as war in Middle East threatens supplies
Premiums for diesel has also hit 15-month high, highlighting reliance on refined fuels from the Gulf
How oil traders called the Middle East conflict
Open source intelligence and social media posts gave market participants confidence to sell despite turmoil