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Air strikes hit Tehran as Iranians mark Nowruz, the Persian New Year, with Israel reportedly attacking the capital. Qatar's energy minister stated that the country's liquefied natural gas export capacity will decrease due to an Iranian attack on the Ras Laffan facility.
Oil prices have risen to their highest level in more than two years, after Qatar's energy minister warned he expects all oil and gas exporters in the Gulf to stop production within days.
Qatar's Energy Minister Al Kaabi announced the suspension of Qatar Energy's operations.
Qatar's Energy Minister Saad al-Kaabi stated that he expects all energy producers from the Persian Gulf to halt exports within a few weeks if the conflict with Iran continues.
The war with Iran is causing extreme instability in global markets, which is why many are concerned about the impact of the military conflict on their finances. What it means for...
Qatar's Energy Minister, Saadas Sherida Al-Kaabis, is reportedly facing the deepest crisis of his career, leading to a significant loss of reputation for the small Persian Gulf state, a major global supplier of liquefied natural gas.