Natural gas futures in the United States rise as Iran targets energy infrastructure in the Gulf region.

During the Asian trading session on Thursday, natural gas futures in the United States rose along with oil prices following the escalation of attacks on energy infrastructure in the Gulf region by Iran. Henry Hub natural gas futures rose by 3.4% to $3.17 per million British thermal units during the Asian trading session on Thursday. Brent crude oil prices rose by 4.7% to $112.43 per barrel, while heating oil futures rose by 5.9% to $4.45 per gallon. After Israel attacked the South Pars gas field in Iran and neighboring refining facilities, Iran retaliated, leading to "severe damage" around the terminal in Ras Laffan Industrial City in Qatar. The natural gas facilities in Hamish Sham in the United Arab Emirates have been suspended. The Henry Hub prices reflect the cost of domestic natural gas in the United States and are linked to pipeline supplies. In contrast, the benchmark prices in Europe and Asia are more vulnerable to supply disruptions caused by attacks on Qatar's infrastructure.