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🔥OIL AND GAS PRICE SURGES AFTER RAS LAFFAN LNG STRIKE
Qatar confirms missile strikes on Ras Laffan Industrial City, the world’s largest LNG facility.
Market reaction:
• Brent crude nears $117, up ~60% since Feb 28
• EU gas jumps 35% in a single session
• WTI-Brent spread widens toward $20
• UK natural gas futures hit highest levels since 2023
• US gas and diesel prices reach highs not seen since 2022
Energy shockwaves are spreading fast.