Iranian Attack on World's Largest LNG Plant Triggers Spike in Prices -- WSJ
Dow Jones03-19 15:52
By Georgi Kantchev
European gas prices surged by more than 25% on Thursday after Iranian strikes caused extensive damage to Qatar's Ras Laffan, the site of the world's largest liquefied natural gas plant.
Impairment to the facility-which produces up to a fifth of the global LNG supply-carries profound implications for global energy markets. Depending on the extent of the damage, it could significantly exacerbate a crisis that began earlier this month when an initial Iranian drone attack forced state-run QatarEnergy to halt its operations.
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(END) Dow Jones Newswires
March 19, 2026 03:52 ET (07:52 GMT)
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