$SPDR S&P 500 ETF Trust(SPY)$ $Invesco QQQ(QQQ)$ From AlJazeera: Qatar's Energy Minister and CEO of QatarEnergy said the state-run energy company is producing a very minute amount of LNG, and the country could resume normal gas production a few weeks after the Strait of Hormuz is reopened. At the Qatar Economic Forum, Saad Sherida al-Kaabi said critical equipment was unable to reach Qatar due to the Hormuz crisis. There is very minute LNG leaving Qatar right now. Qatar is the 3rd largest LNG exporter in the world, usually exporting 77.2 million tonnes. The US is the biggest, followed by Australia. This means over 50M tonnes of LNG isn't being exported. This increases the price of LNG as well. WTI, Brent, diesel and LNG prices are increasing.
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