Global Energy Market Update: March 3, 2026

Energy markets face chaos as the Strait of Hormuz closes, Qatar halts the world’s largest LNG plant, and Brent crude surges toward $90 amid Middle East war.

By: AXL Media

Published: Mar 3, 2026, 3:06 PM EST

Source: The information in this article was sourced from Oilprice.com

Global Energy Market Update: March 3, 2026 - article image
Global Energy Market Update: March 3, 2026 - article image

Metric

Current Value

Week-over-Week Change

ICE Brent Crude

$84.00/bbl

+$10.00

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