US EditionIf the Iran War Takes Oil Above US$120 a Barrel, How Bad Could the Shock Get?
9 Articles
9 Articles
Oil Prices Briefly Touch $120 as Energy Infrastructure Becomes a Target in Iran War
Brent crude spiked to nearly $120 a barrel Thursday morning before retreating, as the Iran conflict expanded to threaten major energy hubs across the Middle East. A drone struck a Saudi refinery, and President Trump issued a stark warning that The post Oil Prices Briefly Touch $120 as Energy Infrastructure Becomes a Target in Iran War appeared first on Breitbart.
Oil jumps above $119 a barrel after Iran attacked energy facilities across Middle East
Benchmark Brent oil prices jumped above $119 a barrel on Thursday after Iran attacked energy facilities across the Middle East following Israel's strike on its South Pars gas field, a major escalation in the war.
After Iran attacked the energy infrastructure in the Gulf states, the price for the North Sea variety Brent is rising sharply on Thursday. Federal Minister Reiche is concerned about the consequences.
The price of Brent's barrel flew into the first Asian trade on Thursday, driven by the announcement of strikes against energy infrastructure in Iran and Qatar that are fuelling fears of lasting disruption of crude oil supply.
Buenos Aires, March 19, 2026-Total News Agency-TNA- The new military escalation between the United States, Israel and Iran shook the global markets again on Thursday and set off again all the alarms about energy, inflation and world trade. Following further Iranian attacks on energy facilities in the Gulf, including refineries in Kuwait, the major international stock exchanges closed or traded heavily low, while Brent crude moved above $119 duri…
Coverage Details
Bias Distribution
- 80% of the sources lean Right
Factuality
To view factuality data please Upgrade to Premium
