The Kobeissi Letter|Mar 18, 2026 20:42
BREAKING: Qatar reports "extensive damage" from an Iranian missile strike at Ras Laffan, the world's largest LNG facility.
Details include:
1. Ras Laffan accounts for ~20% of global LNG supply
2. The plant was reportedly lit on fire as a result of the strike
3. The attack comes just hours after Israeli strikes on Iran's largest natural gas plant
4. Iran warned that a number of energy assets across the Gulf are now “legitimate targets”
Natural gas prices are surging on the news.(The Kobeissi Letter)
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