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Originally published by Capital Business
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business
March 19, 2026
2h ago

Gas price soars 25% after strikes on Qatar hub

Gas price soars 25% after strikes on Qatar hub

Gas prices jumped by about 25% on wholesale markets in the UK and Europe in early trading, before easing slightly. Kenya breaking news | Kenya news today |..

✨ Key Highlights

Wholesale gas prices in the UK and Europe have surged by approximately 25% following retaliatory strikes on energy infrastructure in the Middle East, specifically targeting Qatar's main gas facility.

  • Gas prices jumped by about 25% on wholesale markets.
  • Iran's military retaliated by targeting a major liquefied natural gas export facility in Qatar.
  • This disruption impacts approximately a fifth of the global supply of liquid natural gas, with experts warning of months-long effects.

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