Introduction: The Day the Global Gas Market Faltered
March 2, 2026, marked the moment the fragile architecture of global energy security failed. A world already on edge due to a widening U.S.-Israeli conflict with Iran witnessed the unthinkable: Iranian drone strikes crippled the world’s largest liquefied natural gas (LNG) export facility, forcing state-owned QatarEnergy to halt all production instantly [1]. The statement from the world’s largest LNG producer was stark, announcing the cessation “due to military attacks” on its operating facilities in Ras Laffan and Mesaieed Industrial Cities [1].
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