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Gas prices ‘go stratospheric’ as Qatari plant hit by Iran strikes

City A.M. | London's Business Newspaper - News, Opinion, & Anal… March 2, 2026
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European gas prices surged on Monday after Iranian retaliatory strikes shut down the world’s largest export plant for liquified natural gas (LNG), based in Qatar. In a statement, QaterEnergy, the Qatari state energy company, said it had ceased production of LNG due to “military attacks” on Ras Laffan Industrial City and Mesaieed Industrial City. “One [...]

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