General · 19 March 2026
Oil surges to $110 as Gulf energy attacks spark Saudi military warning
Global energy security is under threat, with oil prices reaching $110 per barrel following attacks on Gulf energy infrastructure. On day 20 of the conflict, Iran hit Qatar's Ras Laffan gas facility twice, causing extensive damage, while Saudi Arabia warned of military action. Separately, Israel struck 200 targets across Iran, and Intelligence Minister Esmail Khatib was killed.
Reported by Cable News Network · How we write briefs