Gas prices in UK and Europe soar after strikes on energy facilities in Qatar and Iran | BBC News

From BBC News.

The price of gas has risen sharply in the UK and Europe following an attack on Qatar’s Ras Laffan energy complex.

Gas prices jumped by about 25% on wholesale markets in the UK and Europe in early trading, before easing slightly.

The price of gas in Europe is more than double the level seen before the US-Israeli war with Iran began.

Oil is also trading higher, with Brent crude jumping 10% to above $119 a barrel at one point, before slipping back.

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