Weeks of War Are Reshaping Global Gas Markets

A deepening crisis in the Middle East and now fresh strikes on Qatar have sent natural gas prices soaring. And the aftershocks of this crisis will be felt for years to come. Razulfan, the complex which houses the world's largest liqufied natural gas plant, suffered extensive damage in the latest attack from Iran.It's a major blow to an energy supply chain which is being upended by the prolonged conflict in the Persian Gulf. With virtually no spare capacity, no strategic reserves, and no easy alternative, li ...