Qatar LNG shutdown jolts global gas markets as Asia and Europe brace for supply squeeze

article author: Nour El-ShaeriAuthor: Tue, 2026-03-03 15:01RIYADH: Qatar’s temporary halt in liquefied natural gas output has become the most immediate energy-market shock from the US–Iran war, tightening global supply expectations and driving gas prices sharply higher as buyers in Asia and Europe scramble to gauge how long the disruption will last and whether volumes can be replaced.The outage is significant because Qatar sits at the heart of the seaborne gas trade, accounting for about 20 percent of global LNG exports. Most shipments transit the Strait of Hormuz, with QatarEnergy exporting nearly 81 million metric tonnes in 2025.Main category: Business & EconomyEnergyTags: War in IranLiquefied Natural Gas (LNG)QatarEnergy LNG

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