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On March 19, futures for the benchmark Mark Brent crude oil <a href="https://www.cnbc.com/quotes/@LCO.1">rose by</a> more than 10%, exceeding the $119 per barrel mark in the course of trading. Then the growth slowed down a bit, at the time of publication of this text Brent was trading above $116 per barrel.

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Oil and gas prices rose sharply Wednesday night after Iran struck Qatar's largest LNG plant.

The cost of Brent crude oil exceeded $111 per barrel. WTI is over $100

Iran has launched a missile strike on the industrial city of Ras Laffan in Qatar, home to the world's largest liquefied natural gas export plant, the Qatari government <a href="https://x.com/MofaQatar_EN/status/2034361926248009805">said</a>. The facility suffered "serious damage," the report said.

A major LNG plant has come under fire from Iran. Qatar reported significant damage

Three major U.S. indexes declined on Wednesday, March 18, after oil rose in price due to Iran's new threats to the oil infrastructure of neighboring countries. The cost of Brent jumped 6% in trading and approached $110. The U.S. Federal Reserve kept its key rate at the current level and said that "the implications of events in the Middle East for the economy remain uncertain" and the sustainability of inflation could prevent rate cuts.

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