Brief by Shorts91 Newsdesk / 01:08pm on 19 Mar 2026,Thursday International
Iran launched missile attacks on Qatar’s Ras Laffan Industrial City, one of the world’s largest LNG hubs, causing fires and extensive damage to critical energy infrastructure. The strike, seen as retaliation amid the escalating Iran–US–Israel conflict, has raised fears of major disruptions to global gas supplies, as Qatar contributes nearly 20% of global LNG. The attack has triggered a surge in oil and gas prices and heightened concerns over energy security worldwide. For India, which relies heavily on LNG imports from Qatar, the disruption could lead to higher energy costs, inflationary pressure, and potential supply challenges if the crisis deepens.
