Oil briefly hits $119 and Europe gas prices surge after attacks on energy facilities in Qatar, Iran

Oil prices jumped as markets react to escalating tensions after Qatar said Iranian missile strikes damaged a key liquefied natural gas export facility.

# Oil briefly hits $119 and Europe gas prices surge after attacks on energy facilities in Qatar, Iran Oil prices jumped as markets react to escalating tensions after Qatar said Iranian missile strikes damaged a key liquefied natural gas export facility. **Read the full article:** [CNBC](https://www.cnbc.com/2026/03/19/oil-jumps-iran-strikes-qatar-lng-facility-supply-worries.html) *This article was originally published by CNBC. MoneyWiseInc provides expert curation of the best financial content from trusted sources.*