Foreign media: After the war between the US, Israel, and Iran, Qatar announced to suspend liquefied natural gas production and trigger the force majeure clause due to an Iranian drone attack, causing a global energy market fluctuation.
India, the fourth-largest liquefied natural gas importer in the world, has received notice from Qatar Energy to cut supply by 10% to 30%. The state-owned gas company is urgently seeking spot purchases, but prices, freight, and insurance costs have all surged. In Europe, the Netherlands TTF natural gas benchmark price rose nearly 40% on March 2nd, and then increased more than 33% on March 3rd. Qatar accounts for 20% of global liquefied natural gas exports, and the tense situation in the Strait of Hormuz further pushed up oil and gas prices. Trump said military actions may last longer, and diplomatic solutions are currently not visible.
Original article: toutiao.com/article/1858652306292744/
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