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