Iran attack on Qatar gas hub triggers Trump threat and energy price spike
Qatar has reported extensive damage at the Ras Laffan liquefied natural gas hub after Iranian missile and drone strikes, raising fresh fears for global energy supplies . Tehran said it attacked the giant LNG facility in retaliation for an Israeli strike on Iran’s South Pars gas field, which forms part of the world’s largest natural gas reservoir shared with Qatar . Oil prices jumped about five percent and European gas prices surged roughly 35 percent as markets reacted to the risk of prolonged disruption to gas exports from the Gulf . US President Donald Trump warned Iran to stop attacking Qatar, threatening that the United States would massively blow up the entire South Pars gas field if Tehran continued its strikes . In a social media post, Trump said Washington knew nothing about Israel’s earlier attack on South Pars, describing […]
