A historic disruption to the world’s oil production sent crude prices smashing through the $100 barrier Monday for the first time in nearly four years.

Attacks by the U.S. and Israel on Iran, and Iranian missile and drone attacks on neighboring countries, have disrupted oil and gas supplies to the rest of the world — and dealt an energy price shock to the global economy.

Oil and gas companies urged the European Union on Monday to pause its methane emissions law, warning it could disrupt Europe's fuel ​imports when tougher provisions kick in next year.

During his State of the Union address on Tuesday night, President Trump touted an energy industry strengthened by the success of his " Drill, baby, drill " policy, a dual mandate of more hydrocarbon drilling and lower gas prices.

The war in the Middle East has sent prices soaring, showing how much the world continues to depend on reliable supplies of oil and gas.

Iran, the third largest producer in the Organization of the Petroleum Exporting Countries, pumps about 4.5% of global oil supplies. Iran's output is about 3.3 million barrels per day of crude, plus 1.3 million bpd of condensate and other liquids.

Global oil and gas prices jumped on Tuesday as the U.S.-Israeli war on Iran halted energy exports from the Middle East, with Tehran

Trump visited the Port of Corpus Christi where he delivered remarks to applaud his economic and energy policies. The president reflected on the past year of his second term. He said he took over a country that was “dead” and has unlocked its potential.

Ed Davey, the leader of the Liberal Democrats in Britain, said President Trump does not deserve the “diplomatic coup” of hosting the king for a state visit.