Oil Prices Jump Following Attack on Iranian Gas Field

Date:

EnergyThe reported attack on Iran’s energy assets sent Brent crude higher in a year that has already seen oil prices rise 80 percent.Pumpjacks operate while others stand idle in the Belridge oil field near McKittrick, Calif., on March 10, 2026. Mario Tama/Getty ImagesBruce Parker3/18/2026|Updated: 3/18/20260:00Brent crude prices spiked on Wednesday following reports of strikes on Iran’s South Pars gas field.Brent crude prices jumped to $109.80 a barrel shortly after the opening bell of the U.S. stock market, following a morning where Brent futures fluctuated between $100 and $107 a barrel.

spot_imgspot_imgspot_img

Share post:

More like this
Related

Former Pentagon Official Says US, Allied Modeling Supports Taiwans Defense Strategy

Former senior Pentagon official Jed Royal said modeling conducted...

Labor Backs Strong Fuel Supply as Petrol Prices Bite

Australia’s fuel security remains strong and secure despite an...

Venues on Alert After Viral QR Code Drinking Trend

A beer tap at a pub in Melbourne, Australia,...

Do It Ourselves: Ultimatum for Labor on Gambling Laws

A TAB betting shop is seen in a shopping...