About a fifth of the global supply of liquified natural gas comes through the Gulf, primarily from Qatar. With that supply halted, possibly for weeks, major importers in Europe and Asia will need to look elsewhere.

Qatar has halted production at Ras Laffan, the world's largest liquefied natural gas export facility, after it was struck by Iranian drones, sending European gas prices to their highest level in a yea...

In the first trading session since the US and Israel launched air strikes against Iran on Saturday, Brent crude, the international benchmark, soared as much as 13 per cent to $82.37.