Out of Control - Joe Blogs

Over the past 48 hours, the war in Iran has taken a dramatic turn for the worse.

We are now seeing direct attacks on critical oil and gas infrastructure, including strikes on Iran’s South Pars gas field — the largest natural gas field in the world — and retaliatory attacks across the Gulf region.

Iran has launched strikes on Qatar’s Ras Laffan LNG facility, while reports suggest further impacts in Saudi Arabia, the UAE, and across key energy shipping routes.

At the same time, the Strait of Hormuz remains disrupted, with GPS jamming, tanker delays, and growing risks to global oil transport.

The result?

👉 Oil prices have surged above $115 per barrel
👉 European gas prices have jumped 35% in a single day
👉 Gas prices have nearly tripled in 2026
👉 Stock markets are starting to fall

This is now a global energy shock.

In this video, I break down:

What happened at the South Pars gas field

Iran’s retaliation and the spread of attacks across the Gulf

Why LNG supply disruptions are critical for Europe

The impact on oil prices, gas prices, and inflation

Why central banks may now delay or reverse rate cuts

The risks to global growth, markets, and the economy

We are entering a period of serious global instability, and the longer this continues, the bigger the economic consequences.