Crypto India|Mar 19, 2026 18:25
🚨 NEW: 🇮🇷 🇶🇦Iran strike causes major losses to Qatar’s energy sector.
- 17% of LNG export capacity damaged
- 12.8M tons/year gas supply lost
- $20B annual revenue loss
Other exports also dropping:
- Condensate ↓ 24%
- LPG ↓ 13%
- Naphtha & sulphur ↓ 6%
- Helium ↓ 14%
Repairs may take 3–5 years, putting global gas supply at risk.
Qatar may cancel or delay long-term gas supply contracts for up to 5 years:
- Affects countries like Italy, Belgium, South Korea, China
Qatar says production won’t restart until fighting stops.(Crypto India)
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