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flag Iran's drone attacks halted Qatar's LNG exports, slashing global supply by 20% and spiking energy prices.

flag After Iranian drone attacks, QatarEnergy stopped producing LNG at its Ras Laffan and Mesaieed facilities, upsetting one of the biggest export hubs in the world and cutting the amount of LNG supplied globally by roughly 20%. flag Fears of wider supply disruptions through the Strait of Hormuz caused markets to react, and the shutdown, which was brought on by military strikes on vital infrastructure, resulted in a 50% increase in European gas prices and a spike in oil benchmarks. flag Israel halted gas production and exports at its Leviathan field during the crisis, and regional unrest has resulted in shipping reroutes, airspace closures, and increased worries about energy security.

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