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Oil Prices Surge Following New Energy Attacks in Middle East

Economy & businessEconomy
Key Points
  • Brent crude oil rose 5.1% to nearly $113 per barrel on March 19, 2026
  • West Texas Intermediate increased 2.5% to approximately $99 per barrel
  • Price surges followed new attacks targeting energy infrastructure in the Middle East

Oil prices continued their upward trajectory on March 19, 2026, following new attacks targeting energy infrastructure in the Middle East. 1 percent to nearly $113 per barrel during early Thursday trading in Asian markets. 5 percent to approximately $99 per barrel.

The attacks on energy supply infrastructure in the Middle East have intensified market concerns, continuing to push oil prices upward. The market reaction reflects ongoing volatility in global energy markets amid regional security challenges affecting critical supply routes and infrastructure.

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