Gulf Tensions Halt Qatar LNG, Saudi Refinery; Europe Gas Prices Soar 45%

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Gulf Tensions Halt Qatar LNG, Saudi Refinery; Europe Gas Prices Soar 45%

कतर में गैस प्रोडक्शन ठप होने से गैस के दाम में 45 फीसदी का उछाल. (Image:AI)

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News18•02-03-2026, 21:34

Gulf Tensions Halt Qatar LNG, Saudi Refinery; Europe Gas Prices Soar 45%

•Natural gas prices in Europe surged by 45% in a single day due to escalating military tensions in the Gulf region.
•QatarEnergy temporarily halted LNG production after military attacks on its key industrial centers, Ras Laffan and Mesaieed.
•Saudi Aramco shut down its crucial Ras Tanura Refinery as a precautionary measure following a drone attack.
•Europe's benchmark gas index, the Dutch TTF contract, climbed above 46 Euros per megawatt-hour.
•The escalating conflict in the Gulf region threatens further increases in global gas and oil prices, impacting consumers.

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