19 Mar 2026 | 3 Mins Read
Iran-Iranian strikes on Qatari oil facility spark supply fears
Flipitmoney
Iranian missile strikes damaged Qatar's Ras Laffan Industrial City, the world's largest LNG export facility, causing extensive damage and fires. Emergency crews contained the blaze with no reported casualties. Oil prices rose 3-4% with Brent crude at $111.80 and US West Texas Intermediate at $99.47 due to supply concerns in the Middle East.