Oil Supply Disruption Far More Worse Than What Prices Suggest?
Edited By WION Video Desk
Published: Mar 20, 2026, 10:00 IST | Updated: Mar 20, 2026, 10:00 IST
Gas prices jumped to four-year highs and oil prices rose again after an escalation of attacks by Israel and Iran on gasfields heightened fears of prolonged disruption to international energy supplies.
QatarEnergy told Reuters on Thursday that Iran had damaged facilities that produced 17% of the state-owned company’s liquefied natural gas (LNG) export capacity and that it would take three to five years to repair them.
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