Iran Strikes Qatar Gas Plant Amid Escalating Regional Tensions
Wednesday, Qatar reported that Iranian missiles struck Ras Laffan Industrial City, inflicting significant damage on the world’s largest liquefied natural gas export facility. The Qatari Foreign Ministry condemned the action as a “dangerous escalation” and a violation of sovereignty, directly threatening national security and regional stability. Qatar stated its intention to exercise its right to self-defense under international law. In response to the incident, international oil benchmarks saw a considerable surge, with Brent crude rising over 7% and U.S. West Texas Intermediate up approximately 4%.