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What effect are U.S. and Israel’s operations against Iran having on oil prices?
Military operations involving the United States and Israel against Iran have pushed global oil prices sharply higher as markets price in the risk of supply disruptions in the Middle East.
Futures for West Texas Intermediate surged above $88 per barrel, while Brent Crude climbed past $90, reflecting growing fears that the conflict could interfere with energy exports from the region.
What sparked the recent increase in oil prices?
The immediate catalyst came after Donald Trump stated that an unconditional surrender

European Gas Prices Spike After Qatar LNG Disruption
Why Did European Gas Prices Rise Sharply?
European natural gas prices surged after Qatar halted LNG production following reported Iranian drone strikes on key energy facilities.
Any disruption in Qatari output immediately tightens global supply, as LNG cargoes are often redirected based on price signals and urgent demand.
Europe, which remains reliant on imported liquefied natural gas after reducing pipeline dependence, is particularly sensitive to such shocks.
How Much LNG Does Qatar Supply Globally?
Qatar accounts for nearly 20% of global