European Gas Prices Jump 40 Percent After Strikes on Giant South Pars Gas Field
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Category: WARS & RUMORS OF WARS
Summary:
European gas prices surged up to 40 percent on March 19 following strikes on Iran’s South Pars gas field, a major energy site shared with Qatar. The Dutch TTF natural gas futures, Europe's benchmark, later retreated to around a 20 percent increase for the day. Explosions at South Pars were reported on March 18, with Iran International releasing video footage of the incident. In response, Iran’s Islamic Revolutionary Guard Corps issued a warning for people to avoid oil facilities in Saudi Arabia, the UAE, and Qatar, amid concerns over potential supply disruptions in the Gulf region.
Mysterion Insights
Scripture: Ezekiel 7:25-26 (NASB 1977)
"When anguish comes, they will seek peace, but there will be none. Disaster will come upon disaster, and rumor will be added to rumor; then they will seek a vision from a prophet, but the law will be lost from the priest and counsel from the elders."
Commentary:
Energy markets can swing fast when a single Gulf facility is hit. People feel it at the pump and in heating bills. Ezekiel’s picture of “disaster upon disaster” fits how strikes, warnings, and rumors stack up and unsettle nations. This kind of cascading instability reflects prophetic patterns Scripture associates with the last days—disruption spreading far beyond the first blast. The Gulf is not Israel’s covenant land, yet shocks there still ripple into decisions that touch Jerusalem and the region.
Prophetic Trend:
Targeted strikes on strategic energy sites are amplifying rumor-driven fear, exposing how fragile global supply chains are and pressuring nations toward hardening alliances.
Mysterion Prophetic Impact Rating: C - Measured What does this mean?
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Source Excerpt:
European gas prices surged on March 19, jumping as much as 40 percent before paring gains, after strikes on Iran’s giant South Pars gas field. Dutch TTF natural gas futures, considered the European benchmark, later eased back from their highs to around 20 percent on the day after briefly surging close to 40 percent intraday. On March 18, explosions were reported at Iran’s South Pars gas field, which is shared by Iran and Qatar. Iran International, a London-based, privately owned Persian-language news outlet not affiliated with the Iranian state, posted a video on X of the strike on March 18. After the explosion, Iran’s Islamic Revolutionary Guard Corps (IRGC) warned that everyone should stay away from oil facilities in Saudi Arabia, the UAE, and Qatar, in a statement to the Tasnim News Agency.......
Original Article: Read the full story →
Source: The Epoch Times
Posted on 03-19-2026 12:41