Yancoal Australia Shares Reach All-Time Peak After Attack on Qatar's Gas Field

MT Newswires Live

03/19

Shares of Yancoal Australia (ASX:YAL) reached an all-time peak, jumping over 7% on Thursday after Qatar's QatarEnergy said the Ras Laffan Industrial City had suffered "extensive damage" after an Iranian attack.

Whitehaven Coal's (ASX:WHC) shares rose 5%, while New Hope (ASX:NHC) shares rose 3%, reaching a two-year peak.

Iran attacked several energy facilities across the Middle East, following a strike on its South Pars gas field.

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