Gas prices surge by 25% overnight after strikes in Qatar

Written by David Fletcher 19 Mar 2026
Gas prices surge by 25% overnight after strikes in Qatar

UK gas prices have surged by around 25% following escalating conflict in the Middle East, raising fresh concerns over energy security and household costs. The spike came after Iranian missile strikes hit a major liquefied natural gas facility in Qatar, causing significant damage and disrupting production. With Britain heavily reliant on imported gas and Europe’s reserves already depleted after a cold winter, markets reacted sharply. Prices for natural gas and oil both rose rapidly, with experts warning this could lead to increased bills for UK households already affected by previous energy crises. Government leaders have described the situation as a pivotal moment, highlighting the risks of dependence on volatile global energy supplies. Calls are growing to accelerate the transition to renewable energy, which could provide greater stability and reduce exposure to international conflicts. Analysts suggest that reducing reliance on gas and expanding domestic renewable sources may offer a more secure and sustainable long-term solution. See https://www.bbc.co.uk/news/articles/c24de9e97vno

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