Gas Prices Surge as Qatar Shuts World’s Largest LNG Export Plant
Yahoo Finance·2026-03-02 14:21
Photographer: Karim Jaafar/AFP/Getty Images Qatar shut down liquefied natural gas production at the world’s largest export facility after it was targeted in an Iranian drone attack, sending European gas prices surging more than 50% and rattling global energy markets. QatarEnergy’s Ras Laffan plant covers about a fifth of global LNG supply and the unprecedented halt now threatens energy security worldwide. Most Read from Bloomberg European benchmark gas futures jumped the most since the energy crisis i ...