Energy prices soar, Iran and US trade threats after Qatar gas hit

Energy prices soar, Iran and US trade threats after Qatar gas hit
March 19, 2026

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Energy prices soar, Iran and US trade threats after Qatar gas hit


Oil and gas prices soared Thursday after Iran hit the world’s largest liquefied natural gas (LNG) facility in Qatar and threatened to destroy the region’s energy infrastructure. Donald Trump, whose country started the war alongside Israel with their attack on Iran on February 28, warned of a furious US response if such attacks continued. International benchmark Brent surged 10 percent before falling back while European gas rose 35 percent after Iran attacked Qatar’s huge Ras Laffan LNG facility in retaliation for an Israeli strike on its South Pars gas field. FRANCE 24’s International Affairs Commentator Angela Diffley tells us more.

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