Iranian attacks have knocked out about 17 percent of Qatar’s liquefied natural gas (LNG) export capacity, causing an estimated $20 billion in annual revenue losses and raising concerns over energy supplies to Europe and Asia, according to QatarEnergy.
The disruption comes amid escalating conflict involving Iran and regional rivals, with energy infrastructure increasingly becoming a key target.
Trump Signals Restraint
US President Donald Trump said that Israel had acted out of “anger” in previous strikes but indicated that it would not target Iran’s South Pars gas field again.
Trump revealed that he personally spoke with Israeli Prime Minister Benjamin Netanyahu, urging restraint.
“I told him, ‘Don’t do that,’ and he won’t do that,” Trump said.
Gulf States React
In Saudi Arabia, officials strongly condemned Iran’s actions, stating that “the little trust that remained in Iran has been completely shattered.”
The remarks reflect growing tensions between Iran and Gulf countries, many of which have heightened security around critical energy infrastructure following recent attacks.
Rising Casualties
The violence has also resulted in casualties across multiple parts of the Middle East. More than a dozen people have reportedly been killed in recent hours in Iran, Lebanon, Gaza Strip, and the occupied West Bank.
Global Concerns
Analysts warn that continued attacks on energy facilities could disrupt global gas supplies, particularly affecting Europe and Asia, which rely heavily on LNG imports from Qatar.
With tensions still rising and no clear path to de-escalation, fears are mounting that the conflict could further destabilize the region and impact global energy markets.
