Iran strikes halt Qatar LNG output, shaking global energy markets
Points
- Qatar stopped production of liquefied natural gas after attacks by Iranian drones.
- About 20% of global LNG exports come from the Gulf, primarily Qatar, and are shipped through the Strait of Hormuz.
- European natural gas futures soared after the shutdown.
- Iran has launched missiles at U.S. allies across the Gulf in retaliation for massive strikes by the U.S. and Israel that killed its head of state, Ayatollah Ali Khamenei.
They are Isolated. No friends…only Enemies surround them and 90 million “Persians” ready to pounce when the time is right
Their Air Defense is gone….they are sitting ducks