- Qatar's LNG exports are down 96% (just 18 cargoes vs 509 a year ago), costing about $24 billion—roughly five months of national income.
- Two Qatari tankers have been attacked amid the conflict, worsening the disruption to shipments.
- Europe's gas storage is at a seasonal low, risking winter price spikes; U.S. exports have partly offset the lost Qatari supply while other Gulf oil exports have been less hit.
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