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.

https://www.cnbc.com/2026/03/02/qatars-state-owned-energy-company-halts-lng-production-after-iran-drone-attacks.html