RAS LAFFAN UNDER FIRE: Iran Strike Shakes Gulf, World’s Biggest LNG Hub Damaged, Markets Panic

Iranian missiles struck Qatar’s Ras Laffan Industrial City, home to the world’s largest liquefied natural gas (LNG) export facility, causing fires and significant damage in an escalation that has raised concerns over global energy security. Qatari authorities said five missiles were launched, with four intercepted and one hitting the site, which accounts for nearly 20% of global LNG supply. The attack follows Israel’s strike on Iran’s South Pars gas field and Tehran’s warning that Gulf energy infrastructure would be targeted. The escalation has spread across the region, with disruptions reported in the UAE and Saudi Arabia. Oil prices surged and analysts warned of a potential gas supply shock as tensions intensify.
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