Gas prices soar as energy infrastructure is attacked in Gulf
Quick Insights
The Bottom Line
Attacks on Middle East energy infrastructure raise natural gas prices; Qatar's Ras Laffan plant sustains significant damage affecting global LNG supply.
How This Affects You
Energy infrastructure damage reducing global LNG supply by approximately one-fifth could increase heating and electricity costs for American consumers.
AI Summary
Natural gas prices have surged following attacks on Middle East energy infrastructure, with Qatar's Ras Laffan liquefied natural gas plant sustaining significant damage that operators say could take years to repair. The facility produces roughly one-fifth of the world's LNG supply, making the damage a potential major disruption to global energy markets and prices for consumers worldwide. The attacks represent an escalation in regional targeting of critical energy infrastructure, with broader implications for energy security and supply chains. In related developments, the World Trade Organization has warned that trade slowdowns could exacerbate food insecurity globally, linking energy and commodity price pressures to food supply risks.
Source Coverage Map
16 of 43 tracked sources covered this story
Following this story?
Get notified when new coverage appears
Other Sources Covering This Story
5 sourcesMultiple outlets have reported on this story. Compare perspectives from different sources.

U.S. mulls lifting oil sanctions on Iran as it hits key Gulf energy sites - The Washington Post
This article is part of a story we're tracking:
Iran & Middle East Conflict
Tracking the evolving military and diplomatic situation across the Middle East, including US-Iran tensions, Israeli operations, proxy conflicts, and the broader geopolitical implications for the region.
Economy & Markets
Monitoring the US and global economy including inflation, employment, Federal Reserve policy, trade tensions, market volatility, housing affordability, and the financial pressures facing American households.
Should this be getting more attention?
You Might Have Missed
Related stories from different sources and perspectives
GlobalIran intensifies attacks on Gulf energy sites after Israel struck its key gas field
The strikes, in retaliation for an Israeli attack on a key Iranian gas field, sent fuel prices soaring and risked drawing Iran's Arab neighbors directly into the conflict.
EnvironmentOil and gas prices are soaring. Some countries are ready with solar panels and EVs
As an energy crisis grows, some countries are more prepared because of renewable energy and electric vehicles. Pakistan reduced its reliance on imported natural gas because of the growth of solar.
FinanceGas prices are soaring – but one Los Angeles gas station is taking it to the extreme
<p>A Chevron station just outside downtown charges more than $8 a gallon – nearly $3 more than the city’s average</p><p>It’s tempting to think that a gas station charging more than $8 a gallon is a glamorous <a href="https://www.theguardian.com/us-news/los-angeles">Los Angeles</a> curiosity. Sort of like shopping at Erewhon, the healthy grocery chain that wows with a premium experience – and commands up to $22 a smoothie.</p><p>But there’s no glamour at the 901 N Alameda Street station. It’s just a dingy Chevron on the edge of LA’s Chinatown, regularly featured in news stories to illustrate the high cost of fuel in California. Midday on Tuesday, the station charged $8.31 for a gallon of regular gas.</p> <a href="https://www.theguardian.com/us-news/2026/mar/14/gas-prices-los-angeles-chevron">Continue reading...</a>
GlobalTrump says Israel attacked Iran gas field without US and Qatari involvement, warns against attacks on Qatar - Reuters
<a href="https://news.google.com/rss/articles/CBMiywFBVV95cUxOaHlsV2txcHpXRmxvVlRDMkpiYk5ybktCdzlXOEFwdk9BUmtrSE9leUZEV3M4b2VBQl9KZWFhbjU4RXloeWRkR05UR3E3emZZOGpNYTZUck90bzN4c1N2OVk4dWt3MGZMaU9zOXpmNjF3VXZTMWNhSUVFWW5DV2JYM2Q2ajd2aFdHaGpDaE9ReG84dkJxYnNjZHRZODloR3B4aU1mSUtuSE84QTEzU2J0aHJnRlYwUS1DQUlnaFg3Z1RGaFBiWXJGbEhQaw?oc=5" target="_blank">Trump says Israel attacked Iran gas field without US and Qatari involvement, warns against attacks on Qatar</a> <font color="#6f6f6f">Reuters</font>
GlobalIran hits back at multiple Gulf refineries after Israeli strike on its offshore gas field - AP News
<a href="https://news.google.com/rss/articles/CBMioAFBVV95cUxNN2tEazNreWR3Y21QYktTTDA4YnJwOE5aLVpKck42SVRPWGdDaGlDVWtnU0FqZ0U1MmtuNm9aQTRZeTFTVFA1c1VEVDg3XzJ5MkVFNDBQdFNacjlrSDgtRVdnZXM5dHU0cVItZHQxRWZNTnBDcWYtc05ZYmQ2UU15TFdLcGpxckR0dWIzNnhyN2d4czdvRm1wM3VOT1UwbnNj?oc=5" target="_blank">Tehran intensifies attacks on Gulf energy facilities after Israel hits Iranian gas field</a> <font color="#6f6f6f">AP News</font>
GlobalTargeting of energy facilities turned Iran war into worst-case scenario for Gulf states
Iran has responded in kind to attacks on its energy infrastructure. With the energy assets of Gulf states now in play for Tehran, regional chaos grows by the hour.

US considers lifting sanctions on some Iranian oil
Treasury Secretary Scott Bessent broached waiving sanctions on oil already at sea, which would be a stunning reversal of longstanding American policy.
Did this story change how you see things?
Stories like this only matter when people see them. Help us get verified journalism in front of more eyes.
The Verity Ledger curates verified investigative journalism from trusted sources only.
See our sourcesMost Read This Week
Race on to establish globally recognised 'AI-free' logo

Biggest wildfire in Nebraska history continues to burn out of control - abcnews.com

TikTok and Meta risked safety to win algorithm arms race, whistleblowers say

Bank of America reaches proposed, non-binding settlement in Jeffrey Epstein suit

White House registers new ‘alien’-related .gov domains as DOD tackles Trump’s disclosure directive






