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Good morning from the Financial Times.
Today is Friday, March 20th, and this is your FT News Briefing.
The global energy crisis is getting worse after a massive attack in Qatar.
Plus, amateur traders are turning to five-minute bets.
The people that the prediction markets are pulling in or that they're advertising
to are looking to make bets that sort of resemble, you know, a roulette game.
I'm Mark Filippino, and here's the news you need to start your day.
European gas prices surged after Iran struck an industrial facility in Qatar yesterday.
It supplies a fifth of the world's liquefied natural gas.
Now, to give you an idea of how important it is,
stocks and bonds tumbled yesterday while Brent crude at one point jumped above $115 a barrel.
This scenario was so bad that one analyst described it as Armageddon for the industry.
Central banks are worried too.
The European Central Bank said yesterday it might raise rates at its next meeting over the threat of rising inflation.
Now, U.S. markets did stage a late rally.
They got a boost after Israel's Prime Minister Benjamin Netanyahu said a separate round of strikes