Exclusive: Iran attack damage wipes out 17% of Qatar’s LNG capacity for three to five years, QatarEnergy CEO says - Reuters

Exclusive: Iran attack damage wipes out 17% of Qatar’s LNG capacity for three to five years, QatarEnergy CEO says  Reuters

Why Iran’s Attack on an Energy Hub in Qatar Spooked Investors

Lasting damage to Ras Laffan Industrial City, the world’s largest liquefied natural gas export plant, would have big consequences for the global energy market.

By Raja Abdulrahim

Shell Says Production at Pearl GTL Plant in Qatar Halted After Iranian Attack - WSJ

Shell Says Production at Pearl GTL Plant in Qatar Halted After Iranian Attack  WSJ

Europe’s biggest airlines say fuel price spike caused by Iran war will drive up fares

Carriers warn they cannot hold off passing on costs for long and some airlines plan to increase flights via Asia Business live – latest updates Europe’s biggest airlines have said that that the spike in fuel prices caused by the war in the Middle East will drive up fares and are advising passengers to book early. While carriers have partly hedged the price of jet fuel, bosses said they could not avoid passing on additional costs to passengers for long. Continue reading...

By Gwyn Topham and agencies

Iran attacks cut 17% of Qatar’s LNG capacity for up to 5 years: QatarEnergy

CEO Saad al-Kaabi says QatarEnergy may have to declare force majeure on long-term contracts for up to five years.

$166 a barrel? Middle East oil gives clue to where all prices could be headed if Iran war drags on

A breakout of oil prices in Asia has left analysts debating whether U.S. crude could see further upside.

Recession fears grip markets as energy facilities come under fire in Middle East

A recession mindset took hold among global investors after strikes on energy infrastructure in the Middle East heightened fears that disruption to production and distribution would keep oil prices elevated for longer, darkening the global economic outlook. Crude prices staged a comeback on Thursday after Iran attacked a liquefied petroleum gas site in Qatar in retaliation for Israel’s strikes on its South Pars gas field. Brent futures surged 5.5 per cent to US$113.53 a barrel in London, and...

By Zhang Shidong

Iran causes 'extensive' damage to Qatar gas hub, sparks Trump warning

Qatar reported "extensive" damage on Thursday to the site of the world's largest liquefied natural gas (LNG) facility following Iranian strikes, sparking fears for global energy supplies and fresh threats from Donald Trump against Iran. Tehran carried out attacks on Qatar's huge Ras Laffan LNG facility in retaliation for an Israeli strike Wednesday on Iran's South Pars gas field, part of the world's largest natural gas reservoir.

By FRANCE24

Oil prices surge after Iran attacks Middle East energy facilities

U.S. President Trump warns of devastating response if Tehran persists in targeting the region’s oil and gas production.

By Jamie Chisholm

Iran oil attacks trigger 35% gas price spike – and warning of interest rate rises

Iran’s attacks on energy facilities across the Gulf threaten to drag war into new phase

By Alex Croft and Alastair Jamieson

What smart people are saying about oil's latest spike to nearly $120 a barrel

Nobel economist Paul Krugman warned a prolonged oil shock could trigger stagflation. STR/NurPhoto via Getty Images Energy gurus say Thursday's spike in oil and gas prices may be just a taste of what's coming. They warned of roiling markets, shipping chaos, rising food prices, and severe economic pain. Brent crude hit a nearly 4-year high after Iran attacked the world's largest LNG plant in Qatar. The historic spike in oil and gas prices on Thursday could herald further market swings and tra...

Oil prices surge after Qatar reports damage to the world’s largest LNG facility: Latest developments

Meanwhile, Iran again threatened to destroy region's energy infrastructure if its own facilities are attacked

By AFP

Oil and Gas Prices Jump as Strikes on Gulf Facilities Escalate

Energy markets explode: Crude hits $114, gas jumps 35% after Iran targets Gulf fuel sites

Iran's strikes on Gulf energy infrastructure, including Qatar's LNG facility, have sent global oil and gas prices soaring. The attacks have disrupted supply routes, particularly the Strait of Hormuz, leading to significant price spikes and raising inflation concerns. Financial markets worldwide reacted negatively, with equities declining sharply amid growing uncertainty.

By TOI BUSINESS DESK

India sees Qatar LNG supply cut after Iran strike

India, the world's fourth-largest LNG importer, relies on Qatar for about 41% of its gas imports.

Iran’s strikes on Qatar’s Ras Laffan could impact some of QatarEnergy’s LNG supplies to India

By Sukalp Sharma

From chemical producers to sento baths, Japan feels the heat from Middle East supply crisis - The Straits Times

From chemical producers to sento baths, Japan feels the heat from Middle East supply crisis  The Straits Times

Iranian Strikes On Qatar's LNG Crown Jewel Will Reshape Future Of Gas

The latest strikes have damaged two of the plant's production trains, representing a combined 12.8 million tons of annual output capacity, or about 17% of Qatar's LNG exports.

Iran attack wipes out 20 per cent of Qatar’s LNG capacity for up to five years

Iranian attacks have knocked out 17% of Qatar’s liquefied natural gas (LNG) export capacity, causing an estimated $20 billion in lost annual revenue and threatening supplies to Europe and Asia, QatarEnergy’s CEO told Reuters on Thursday. Saad al-Kaabi said two of Qatar’s 14 LNG trains and one of its two gas-to-liquids (GTL) facilities were damaged […]

Energy prices soar, Iran and US trade threats after Qatar gas hit

Iran attacks wipe out 17% of Qatar’s LNG capacity for up to five years, QatarEnergy CEO tells Reuters

Oil, gas prices climb again amid rising energy shock fears

Oil prices climbed again on Thursday, rising more than 5% while stocks sank as Iran attacked several Gulf energy facilities and warned of more in retaliation for a strike on one of...

Oil soars 10% after Qatar energy sites hit in Mideast war

Oil prices soared 10 percent Thursday after Qatar reported "extensive" damage to the world's largest liquefied natural gas (LNG) facility following Iranian strikes, sparking fears for global energy supplies. The post Oil soars 10% after Qatar energy sites hit in Mideast war appeared first on Vanguard News.

By Ayobami

Iran attack wipes out 17% of Qatar’s LNG capacity for up to five years, QatarEnergy CEO says

Iranian attacks have knocked out 17% of Qatar’s LNG capacity, with QatarEnergy’s CEO warning repairs could take up to five years and disrupt global energy supplies.Iranian attacks on Qatar’s energy… (The post Iran attack wipes out 17% of Qatar’s LNG capacity for up to five years, QatarEnergy CEO says is from Doha News | Qatar.)

By Nassima Babassa