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Economy
Brent crude prices topped $80 per barrel after the US and Israel attacked Iran
2026-03-03
Direct Translation via Google Translate. Edited
[Regnum] The price of Brent crude oil exceeded $80 per barrel following the US and Israeli attack on Iran. This is according to trading data from March 2 on the ICE exchange website.

The record 10% price jump occurred at 1:00 PM Moscow time, when the price of a barrel was $81.50.

According to the exchange's infographic, the price of Brent oil is currently hovering around $79 per barrel.

Earlier, a Saudi Aramco oil refinery in Saudi Arabia suspended operations. Riyadh noted that Iran launched the strike using a drone, and although the refinery suffered minimal damage, its operations were suspended as a precaution.

Also on March 2, Qatar halted liquefied natural gas production following an attack on the facility by a drone launched from Iran. The country's Ministry of Defense stated that it was investigating the extent of the damage.
Related:
Brent crude oil 04/06/2025 Global oil prices sink to lowest level in three years after Trump tariffs
Brent crude oil 01/14/2025 Brent crude price exceeds $81 for first time since October 2024
Brent crude oil 10/29/2024 Brent crude oil price falls below $72 for the first time since October 1

Posted by:badanov

#2  comments); ?>werwer
Posted by: Procopius2k   2026-03-03 09:21  

#1  comments); ?>werwer
Posted by: Skidmark   2026-03-03 09:02  

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