(March 19): European natural gas prices jumped after Iran intensified attacks on energy infrastructure in the Gulf, causing damage to the world’s largest liquefied natural gas export plant. QatarEnergy said several of the LNG facilities inside its Ras Laffan Industrial City were attacked by missiles, “causing sizeable fires and extensive further damage”. The complex houses a plant that typically produces about a fifth of global LNG supply. Abu Dhabi’s Habshan gas facilities were also shut after they were hit by falling debris from an intercepted strike. President Donald Trump said in a social media post the US will retaliate if Qatar’s LNG facilities are attacked again.

Source: The Edge Markets March 19, 2026 08:03 UTC