Natural gas prices in Europe have risen by 30% after Iran attacked a gas facility in Qatar, the Financial Times reports.

Accordingly, the natural gas price in Europe has risen to 70.7 euros per MWh.

Separately, Brent crude oil prices rose more than 5% on the London Stock Exchange to $113 per barrel.

Brent crude prices, the international benchmark for oil prices, rose 4% in early trade to $111.68 per barrel.