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June 21, 2026Oil price at two-year high after Qatar warns all Gulf production could stop within days
Energy Minister Saad al-Kaabi says oil could hit $150 a barrel if the Iran conflict continues over the coming weeks.
March 6, 2026Related Pages (5)
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Oil price at two-year high after Qatar warns all Gulf production could stop within days
Saad al-Kaabi told the Financial Times the conflict in the Middle East – a region which plays a key role in global energy supplies and shipping routes – could “bring down the economies of the world”.
Gulf conflict could push oil to $150 a barrel, Qatar energy minister warns
Qatar’s energy minister has warned that the escalating conflict in the Middle East could trigger a major global energy crisis, with oil prices potentially surging to $150 per barrel if supply routes r
Oil price at two-year high after Qatar warns all Gulf production could stop within days
Oil prices have risen to their highest level in more than two years, after Qatar's energy minister warned he expects all oil and gas exporters in the Gulf to stop production within days. Saad al-Kaab