Qatar suspended production at its Ras Laffan LNG plant after a drone attack, disrupting roughly 20% of global LNG supply and tightening gas markets worldwide. SourceContinue Reading

Saudi Aramco halted operations at its 550,000-bpd Ras Tanura refinery after a drone strike, though crude exports from nearby terminals remain operational. SourceContinue Reading

Arctic Air Drives Natural Gas Volatility Across the Northeast | OilPrice.com ZeroHedge The leading economics blog online covering financial issues, geopolitics and trading. More Info Premium Content By ZeroHedge – Mar 02, 2026, 10:00 AM CST An Alberta Clipper storm, a fast-moving system fueled by a surge of Arctic air, is forecast to bring wintry...Continue Reading

Israel temporarily shut natural gas production at key offshore fields, including Karish, amid escalating conflict with Iran, raising concerns over regional gas exports. SourceContinue Reading

Oil prices surged nearly 9% as traffic through the Strait of Hormuz slowed dramatically amid escalating Middle East conflict, raising supply disruption fears. SourceContinue Reading

BlackRock, EQT To Acquire AES Corp. in $33.4B Deal | OilPrice.com Alex Kimani Alex Kimani is a veteran finance writer, investor, engineer and researcher for Safehaven.com.  More Info Related News By Alex Kimani – Mar 02, 2026, 9:30 AM CST A consortium led by BlackRock’s Global Infrastructure Partners (GIP) and U.S. gas giant EQT Corp....Continue Reading

JPMorgan Chase has warned that Brent crude oil prices could spike to $120 per barrel if a full-scale conflict in the Middle East leads to a sustained disruption of oil flows through the Strait of Hormuz, estimating that Gulf producers can only sustain normal production for roughly 25 days if the Strait is completely blocked,...Continue Reading

Shipping Costs Surge as Insurers Drop War Risk Protection in Gulf | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Mar 02, 2026, 8:30 AM CST The world’s biggest maritime insurers and insurers’ clubs are ending war risk coverage for vessels transiting the Persian Gulf and...Continue Reading

Global Gas Markets Shocked as Qatar Ceases LNG Production | OilPrice.com Julianne Geiger Julianne Geiger is a veteran editor, writer and researcher for Oilprice.com, and a member of the Creative Professionals Networking Group. More Info Related News By Julianne Geiger – Mar 02, 2026, 7:54 AM CST Qatar’s state-owned energy giant QatarEnergy has stopped all...Continue Reading

Drone Strike Halts Saudi Arabia’s Largest Oil Refinery | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Mar 02, 2026, 7:30 AM CST Saudi Arabia shut its largest domestic oil refinery on Monday after a drone strike, as a widening cycle of attacks across the Middle...Continue Reading