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European Gas Prices Spike After Qatar LNG Disruption
Why Did European Gas Prices Rise Sharply?
European natural gas prices surged after Qatar halted LNG production following reported Iranian drone strikes on key energy facilities.
Any disruption in Qatari output immediately tightens global supply, as LNG cargoes are often redirected based on price signals and urgent demand.
Europe, which remains reliant on imported liquefied natural gas after reducing pipeline dependence, is particularly sensitive to such shocks.
How Much LNG Does Qatar Supply Globally?
Qatar accounts for nearly 20% of global