Qatar stocks fall on LNG production halt after Iran drone attacks

Tuesday, 03 March 2026

Qatar’s stock market fell sharply after QatarEnergy announced it had suspended LNG output after drone attacks attributed to Iran hit facilities in Ras Laffan Industrial City and Mesaieed Industrial City. Crude oil prices soared 13% to over $82 while prices at Europe’s gas trading benchmark, the Dutch TTF surged by more nearly 40%, underscoring how tightly integrated global power‑generation markets are with LNG shipments from the Arab Gulf region.


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