Brief by Shorts91 Newsdesk / 05:07am on 20 Mar 2026,Friday International
Iranian strikes on Qatar’s Ras Laffan liquefied natural gas (LNG) facilities have halted about 17% of Qatar’s LNG export capacity, forcing shutdowns that could last three to five years and causing significant financial losses. QatarEnergy declared force majeure on several long-term LNG contracts. Major importers including Italy, Belgium, South Korea, and China face reduced gas supplies, higher energy prices, and disruptions in related products such as LPG, condensate, and helium. The attack highlights the vulnerability of global energy markets amid escalating Middle East tensions. (PC: NDTV)
