Czech prime minister calls Israeli attack on gas field ‘incomprehensible’

Czech Prime Minister Andrej Babiš has called Israel’s attack Wednesday on Iran’s South Pars natural gas field “incomprehensible,” The Associated Press reported.

“This move has been totally damaging the markets,” AP quoted Babiš as saying. “The price of gas is exploding and the price of oil as well.”

The Czech Republic is one of Israel’s biggest allies within the European Union.

Global oil and natural gas prices soared Wednesday after Iran attacked a key natural gas facility in Qatar that can supply one-fifth of the world’s gas and two oil refineries in Kuwait in response to the South Pars attack. 

International benchmark Brent crude rose to near $114 per barrel, up from under $73 per barrel on the eve of the war, according to AP. 

The European TTF benchmark for natural gas prices traded 24% higher on Thursday.