Oil, natural gas prices climb in volatile trading
Strikes by Iran on Gulf nations' energy production facilities pushed oil and gas futures higher in volatile trading on Thursday.
The benchmark for European gas surged by about 24% after Iran on Wednesday released retaliatory strikes targeting energy sites in the Gulf.

Qatari authorities said Iranian ballistic missile attacks caused fires and "extensive damage" at the Ras Laffan terminal, which carries about a fifth of global liquid natural gas. Kuwait also on Thursday said one of its refineries had been struck by a drone. Those attacks came after Israel on Wednesday targeted Iran's largest gas field.
The Dutch Title Transfer Facility, which is widely seen as the European benchmark for natural gas, saw forward-looking contracts for next month climb about 24% in midmorning trading on Thursday.
Brent crude oil prices, which are also a benchmark for global trading, climbed by about 6%, hitting $116 per barrel for contracts to purchase oil in May.




