Iranian missile strikes targeted Qatar’s Ras Laffan Industrial City – the world’s largest LNG export hub – causing major damage, disrupting global energy supplies and escalating tensions between Iran and U.S.-allied Gulf states.
The attack triggered a 7% spike in oil prices (Brent crude at $111.23), with Citigroup warning of potential $130 averages if disruptions persist. Europe, heavily reliant on Qatari LNG since the Nord Stream sabotage, faces severe supply risks.
The strike followed Israel’s earlier attack on Iran’s South Pars gas field, part of a dangerous tit-for-tat. Qatar expelled Iranian military personnel in response, accusing Tehran of pushing the region toward war.
Saudi Arabia and the UAE intercepted Iranian missiles and drones, signaling widening conflict. Qatar’s role as a key U.S. ally and mediator in negotiations is now jeopardized.
The assault exposed the fragility of global energy security, with Qatar hinting at potential counterstrikes under “self-defense” claims. Analysts warn prolonged instability could cripple developing nations dependent on LNG imports.
In a dramatic escalation of Middle East hostilities, Iranian missile attacks struck Qatar’s Ras Laffan Industrial City – home to the world’s largest liquefied natural gas (LNG) export facility – causing “significant damage” and igniting fires that disrupted critical energy supplies.
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