Article

Qatar Energy has halted LNG production after attacks from Iran, significantly impacting global gas supply and prices. The cessation affects the LNG terminal in Croatia, as it receives gas from Qatar. European gas prices surged almost 50%, reaching about 46 euros per megawatt-hour.

The conflict in the Middle East, including attacks on oil facilities, has led to fears of ongoing supply issues, with potential price hikes up to 90 euros if disruptions continue. The situation poses risks for inflation and energy supply in Europe, especially for countries reliant on Qatari LNG.