Iran’s attacks on energy facilities across the Gulf threaten to drag war into new phase

Brent crude price climbs as operations suspended at Shah gasfield in UAE after Iranian strike

Evacuations were ordered shortly after Iranian oil facilities in South Pars and Asaluyeh came under attack

If the disruptions from Tehran's attacks keep oil and gas prices high for long, they could create a debilitating wave of inflation for the global economy.

Brent crude, the international benchmark, rose to near $114 per barrel, up from under $73 per barrel on the eve of the war.

Month-ahead UK wholesale gas price hits highest level since August 2022 as Donald Trump threatens retaliation

Oil prices have spiked following multiple attacks on petroleum infrastructure by Iran and Israel

Iran’s attacks on energy facilities across the Gulf threaten to drag war into new phase

Conflict in the Middle East has driven up wholesale gas prices

Oil and gas prices have spiked due to Iran’s blockade of the Strait of Hormuz - and the US president has attacked Nato for not helping end it