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Evening Standard
Evening Standard
Business
Anna Wise

Gas prices soar as Shell plant damaged in attack on Qatar energy site

UK natural gas prices spiked by more than 20% on Thursday morning (Anna Gowthorpe/PA) - (PA Archive)

Gas prices have soared to a three-year high and oil prices spiked after attacks on energy sites in Iran and Qatar damaged a Shell plant and stoked fears about disruption to global supplies.

US President Donald Trump said he did not authorise the targeting of energy facilities but threatened to “massively blow up” a key Iran gas field in retaliation if it continues its attacks.

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