FILE PHOTO: QatarEnergy's liquefied natural gas (LNG) production facilities, amid the U.S.-Israeli conflict with Iran, in Ras Laffan Industrial City, Qatar March 2, 2026. REUTERS/Stringer/File PhotoEuropean natural gas prices surged by around a third on Thursday morning, one of the biggest single day moves ever. Prices shot up after Iranian missile strikes on the world's largest liquefied natural gas export plant in Qatar. Qatar and Iran are among the world’s top sources of Liquified Natural Gas (LNG). President Donald Trump said in a social media post the US will retaliate if Qatar's LNG facilities are attacked again.

Source: Irish Independent March 19, 2026 20:58 UTC