Major Attack on Qatar Gas Terminal Causes Global Energy Crisis

Iran launched missile and drone strikes against Qatar’s Ras Laffan Industrial City, the world's largest LNG hub.

This attack, a direct retaliation for an earlier strike on Iran’s South Pars gas field, caused extensive damage to vital production units.

Consequently, Qatar faces an estimated 17% reduction in LNG export capacity, with repairs projected to take up to five years.

As a critical supplier, the disruption at Ras Laffan—which accounts for 20% of global LNG supply—has sparked urgent concerns for energy security in Europe and Asia.

The conflict has since escalated, with Iran targeting further energy infrastructure in the UAE, Kuwait, and Riyadh.

This volatile situation underscores the fragility of global energy transit through the Strait of Hormuz.

As Gulf nations condemn the aggression and the U.S. issues warnings, the world watches closely, fearing the long-term economic instability that may follow this unprecedented threat to hydrocarbon exports.