US EditionEvelyn Partners: Markets on Edge as Energy Strikes in Middle East Drive Gas and Crude Higher
12 Articles
12 Articles
After several strikes on energy infrastructure in the Middle East, including one in Qatar, the price of European gas went up by 35%. Qatar's public energy company reported "significant damage" on Thursday.
The price of European gas flew 35% this Thursday after strikes in the Middle East involving key infrastructure in Qatar and Kuwait.
It is important to rebuild trust between countries in the Middle East, Qatari Prime Minister Sheikh Mohammed bin Abdulrahman bin Jassim Al Thani said today. The United States and Israel have been attacking Iran since February 28, when their armies assassinated the supreme cleric. Yesterday, the Israeli army attacked a large gas processing plant in Iran. Iran has retaliated against neighboring countries, first on American military bases in the st…
Evelyn Partners: Markets on edge as energy strikes in Middle East drive gas and crude higher
The FTSE 100 index of blue-chip shares was down 1.6 per cent mid-morning, while global gas prices had surged 25 per cent and oil hit $115. Daniel Casali, Chief Investment Strategist at wealth management firm Evelyn Partners, has shared his thoughts. The geopolitical landscape has shifted sharply as the US–Israeli confrontation with Iran drags on. Iran continues to fire drones and missiles across the region, undeterred by US pressure, and the Mid…
Natural gas prices in Europe skyrocketed after attacks on Wednesday and Thursday on energy infrastructure in the Middle East, generating a rise of up to 35%, reports Bloomberg. Financial Times points out that gas prices in the region rose to 70.7 euros per MWh, its highest level since the beginning of the conflict in the Middle East. The increase in gas occurs in parallel with the surge in oil. Brent reached 112.24 dollars per barrel this Thursd…
Concerns over long-term damage to energy facilities… Brent crude surges more than 10% at one point in early trading; Gas prices more than double pre-war levels… "Decisive shock beyond Nord Stream" Correspondent Kim Ji-yeon, Reporter Kwak Min-seo = Iran responds to Israel's attack on Iranian gas fields across the Middle East
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