- March 12th, 2026
European Gas Prices Follow Oil Higher as Shipping Crisis Worsens
European natural gas followed oil higher as shipping turmoil expands in the Middle East and markets prepare for disruptions to continue for months. ›
European natural gas followed oil higher as shipping turmoil expands in the Middle East and markets prepare for disruptions to continue for months. ›
Oil prices rose on Thursday as Iran stepped up attacks on oil and transport facilities across the Middle East, raising fears of a prolonged conflict and oil-flow disruptions through the Strait of Hormuz. ›
Oil prices rebounded on Wednesday as markets doubted whether the International Energy Agency’s reported plan for a record release of oil reserves could offset potential supply shocks from the U.S.-Israeli conflict with Iran. ›
European natural gas dropped after US President Donald Trump predicted the Iran war will end soon, as he faces mounting pressure over how the conflict has upended energy markets. ›
Oil prices fell on Tuesday after hitting a more than three-year high in the previous session as U.S. President Donald Trump predicted the war in the Middle East could end soon, easing concerns about prolonged disruptions to global oil supplies. ›
Oil prices came off earlier highs on Monday but were still up more than 15% at levels not seen since mid-2022 as some major producers cut supplies and fears of prolonged shipping disruptions gripped the market due to the expanding U.S.-Israeli war with Iran. ›
European natural gas prices are poised for their biggest weekly gain since the energy crisis as the war in the Middle East continues to cloud the outlook for global flows. ›
Crude oil headed for the sharpest weekly gain since Russia launched its full-scale invasion of Ukraine in February 2022, even as prices eased slightly on Friday after Washington issued waivers for Russian oil purchases to ease supply constraints. ›
European natural gas prices hovered near their highest levels in years as traders continue to monitor what impact war-related disruptions will have on the region’s balance of supplies. ›
Oil prices surged more than 3% on Thursday, extending a rally as the escalating U.S.-Israeli war with Iran raised fears of prolonged disruptions to vital Middle East oil and gas supplies. ›