What does war in the Middle East mean for energy markets | FT #shorts
Financial Times·2026-03-03 20:32
What does war in the Middle East mean for energy prices. The conflict between the US and Iran has escalated, engulfing some of the world's biggest oil and gas producers. Energy prices have surged.On Monday, Iranian drones hit Saudi Arabia's biggest oil refinery and Katar's liqufied natural gas facility, causing the operators of both to suspend their operations. As the world's second biggest LG producer, the hit on Katar sent shock waves through gas markets. Katar produces almost 20% of the world's LNG and a ...