Iran War

Oil Prices Jump Following Attack on Iranian Gas Field

The attack on Iran’s energy assets sent Brent crude higher in a year that has already seen oil prices rise 80 percent.
Oil Prices Jump Following Attack on Iranian Gas Field
Pumpjacks operate while others stand idle in the Belridge oil field near McKittrick, Calif., on March 10, 2026. Mario Tama/Getty Images
Bruce Parker
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Brent crude prices spiked on Wednesday following reports of strikes on Iran’s South Pars gas field.

Brent crude prices jumped to $109.80 a barrel shortly after the opening bell of the U.S. stock market, following a morning where Brent futures fluctuated between $100 and $107 a barrel.

Bruce Parker
Bruce Parker
Author
Bruce Parker is a business reporter for The Epoch Times. He has more than 20 years' experience as a journalist covering business and state government topics for Watchdog.org (now TheCenterSquare.com), Cengage Publishing, and, most recently, American Coal Ash Association's ASH At Work Magazine.