Natural Gas Jumps Following Another Attack on Qatar's Ras Laffan Facility -- Market Talk
Dow Jones03-19 21:35
0935 ET - Natural gas futures surge 4.8%, lifted by damage seen to a major gas field in Qatar. Iranian missile attacks hitting the Ras Laffan Industrial City in Qatar "fundamentally alters the global gas market outlook," says Wood Mackenzie in a note. Analysts now see the timeline extending for the facilities to recover. "Market expectations had been for a short disruption, with a controlled restart restoring supply to pre-conflict levels by mid-2026," says analyst Kristy Kramer in a note. "That outlook now appears increasingly unlikely." Iran has threatened additional attacks on other facilities in surrounding countries. (kirk.maltais@wsj.com)
(END) Dow Jones Newswires
March 19, 2026 09:35 ET (13:35 GMT)
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