European gas prices surge nearly 50% after Qatar halts LNG production

Azernews.Az

2 March 2026 21:19 (UTC+04:00)

Qabil Ashirov

European gas prices have surged sharply amid escalating tensions in the Middle East. AzerNEWS reports that after Iranian attacks, one of the world’s leading liquefied natural gas (LNG) exporters, QatarEnergy, announced that it had suspended production, triggering an almost 50 percent jump in prices.

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