Iran knocks out natural gas, eyes shift off AI

Iranian scorched earth strategy, which is seeing it launch air attacks on its Middle Eastern neighbours, knocked out much of Qatar’s LNG capacity last week.

QatarEnergy's LNG facilities at Ras Laffan.

The US-Israel war on Iran continued to headline financial markets last week, with an Iranian missile strike on the massive LNG facility at Ras Laffan causing "extensive damage", according to reports out of Qatar.

State-owned QatarEnergy said two facilities were affected – which between them

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Brent Melville Sat, 21 Mar 2026

Contact the Writer: bmelville@nbr.co.nz

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