Brief by Shorts91 Newsdesk / 12:00pm on 25 Mar 2026,Wednesday International
Fires and strikes at oil and gas sites across regions have raised fears of a major global supply shock. Energy hubs in the Middle East, Russia, and the US have been hit by attacks and accidents. In the US, the Valero refinery in Texas was shut after explosions. In Russia, Ukrainian drones struck refineries and an export terminal. In the Gulf, key gas and oil sites faced missile and drone attacks. The International Energy Agency called it the “largest supply disruption in history.” Brent crude has crossed $100 per barrel. Experts warn rebuilding damaged infrastructure may take years, keeping markets under pressure.
