Gulf energy exporters face potential export shutdowns within weeks due to escalating Iran-US-Israel conflict, warns Qatar’s energy minister. This could trigger oil prices to $150 a barrel and severely impact global economies. Qatar has already declared force majeure on LNG exports after an Iranian drone strike, with full recovery expected to take months. Gulf energy exporters face potential export shutdowns within weeks due to escalating Iran-US-Israel conflict, warns Qatar’s energy minister. This could trigger oil prices to $150 a barrel and severely impact global economies. Qatar has already declared force majeure on LNG exports after an Iranian drone strike, with full recovery expected to take months.
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