Iran, Qatar and Donald Trump
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An increasing number of purchasers and importers scrambling to secure liquefied natural gas turned to the US on Thursday after the latest attack on Qatar’s massive LNG complex further strained global supplies of the fuel.
Lasting damage to Ras Laffan Industrial City, the world’s largest liquefied natural gas export plant, would have big consequences for the global energy market.
Qatar said early Thursday that Iranian ballistic missiles attacked Ras Laffan industrial area, which houses a major liquefied-natural gas hub, the second wave of attacks in less than a day. The attack caused damage but did not cause casualties,
The European Union is bracing for a protracted energy price shock after Iran crippled a vital Qatar gas plant, raising the prospect of a years-long supply crunch.
Iranian attacks have knocked out 17% of Qatar's liquefied natural gas (LNG) export capacity, causing an estimated $20 billion in lost annual revenue and threatening supplies to Europe and Asia, QatarEnergy's CEO and state minister for energy affairs told Reuters on Thursday.
Traders and analysts warn of lasting disruption after damage to facility that supplies a fifth of the world’s LNG
Iran escalated strikes on energy sites in neighboring Gulf states, including a key facility in Qatar, in response to an Israeli attack on South Pa
8hon MSN
Qatar Under Fire: Complains Of Lost Energy Revenue—Billionaire Warns Iran Of Expanding ‘Mad War’
World leaders called on Iran to end strikes on energy sites.