Natural gas traders are assessing the impact of Iranian strikes that caused
“extensive damage” to Ras Laffan Industrial City in Qatar, the world’s largest
LNG hub producing about a fifth of global supply. Shipments were already halted,
but further damage could prolong disruptions. European gas prices have risen
over 70% and Asian LNG futures 88% since the conflict began, while US futures
gained up to 6.3%.
