Gas price soars over 20% after strikes on Qatar hub - BBC

Gas prices surged 25% following strikes on a Qatar energy hub, disrupting global liquefied natural gas supplies. Qatar is a major LNG exporter, and damage to critical infrastructure directly constrains the world's supply of this essential fuel used for heating, power generation, and industrial processes. The sharp price spike reflects immediate market concerns about sustained supply disruptions and potential shortages in regions dependent on Qatari gas exports. Energy markets typically respond sharply to production losses from top suppliers, and sustained outages could affect consumers and businesses globally through higher utility bills and production costs.