# European Gas Market

Type: market

Source: Supply Chain Intelligence Brief — https://getsupplybrief.com/entity/european-gas-market
Canonical HTML page: https://getsupplybrief.com/entity/european-gas-market

## Timeline

- **2026-03-02**: Drone Attack — Iranian drones target the Ras Laffan LNG complex in Qatar.
- **2026-03-02**: Production Halt — QatarEnergy announces a total shutdown of the world's largest LNG export facility.
- **2026-03-02**: Market Reaction — European gas prices rally more than 50% as global energy markets react to the supply shock.

## Recent coverage (1 stories)

### Qatar LNG Shutdown Triggers 50% Surge in European Gas Prices
2026-03-02 16:06:53 · Sentiment: Negative · Impact: 8/10 · Sources: 2

A drone attack on Qatar's Ras Laffan facility has forced a total shutdown of the world's largest LNG export hub, removing 20% of global supply from the market. The resulting 50% spike in European gas prices signals a major energy security crisis and potential industrial disruptions across the continent.
Full story: https://getsupplybrief.com/story/qatar-lng-shutdown-iran-attack-ras-laffan

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