Iran’s strike on Qatar gas facility will reduce supply for 3 to 5 years

In March 2026, an Iranian strike on Qatar's Ras Laffan gas facility is projected to significantly impact global LNG supplies. Qatari officials estimate the attack will reduce the country's LNG export capacity by approximately 17% for three to five years. The damage to the Ras Laffan facility, located in Qatar, is expected to disrupt energy supplies to Europe, Asia, and other regions. This reduction in Qatar's export capacity represents a major blow to the global energy market. The reason for the strike has not been disclosed in the article.