Energy prices surge as Iran targets Gulf energy facilities after Israel struck its key gas field
By Jaidaa Taha, Yousef Saba, Jana Choukeir and Yomna Ehab
March 19 (Reuters) - European gas prices surged 28% and oil gained 6% on Thursday after Iran attacked energy infrastructure in the Middle East in retaliation against Israeli attacks on it gas facilities, marking the biggest escalation of the nearly three-week war.
The Iranian aerial attacks caused extensive damage to the world's largest gas plant in Qatar, targeted a refinery in Saudi Arabia, forced the United Arab Emirates to shut gas facilities and started fires at two Kuwaiti refineries.