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Iran's missile strike on Ras Laffan Industrial City has resulted in extensive damage to one of the world's largest LNG terminals, further escalating the Gulf crisis. QatarEnergy confirmed the site was hit, and while no casualties have been reported, emergency teams are addressing fires caused by the attack.

This incident follows Israel's targeting of Iran's South Pars gas field, indicating a shift towards economic warfare in the ongoing conflict. Ras Laffan is crucial for global energy, accounting for about 20% of LNG supply, and the damage could delay production recovery, impacting global helium and LNG markets.