Mar 2, 2026
Energy prices surge as tanker disruptions, facility shutdowns, rattle global supply
The war in the Mideast is sending shudders through global energy markets. Oil prices are up more than 8%, and European natural gas futures are spiking 42% in the wake of the shutdown of a major supplier of ship-borne gas due to the fighting.
The war in the Mideast is sending shudders through global energy markets. Oil prices are up more than 8%, and European natural gas futures are spiking 42% in the wake of the shutdown of a major supplier of ship-borne gas due to the fighting.