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1 revisions for "One Missile, 20 Percent of Global LNG: How the Ras Laffan Strike Exposed the World's Most Dangerous Energy Bet"

Anonymous12 days ago

Iranian missiles struck Qatar's Ras Laffan Industrial City on March 18, 2026, knocking out 17% of the country's LNG export capacity and triggering force majeure declarations on long-term contracts to Italy, Belgium, South Korea, and China. The attack—retaliation for an Israeli strike on Iran's South Pars gas field—sent European TTF gas prices surging 32% overnight and exposed fundamental vulnerabilities in a global energy system that had concentrated roughly one-fifth of all LNG production at a single facility.