Qatar Becomes Largest Buyer of U.S. LNG Amid Hormuz Crisis
In an extraordinary turn of events, Qatar, the world’s second-largest LNG exporter before the Iran war, will become the biggest buyer of liquefied natural gas from the United States, the producer that overtook the…
Oil Crashes 9% as Trump and Vance Blame Iran War for Midterm Rout
What I Cover Tsvetana Paraskova is an energy and commodities journalist who has contributed to Oilprice.com for nearly a decade, covering global energy markets, commodities,…
In an extraordinary turn of events, Qatar, the world’s second-largest LNG exporter before the Iran war, will become the biggest buyer of liquefied natural gas from the United States, the producer that overtook the Gulf nation as top LNG exporter earlier this decade.
This extraordinary turn of events is, of course, the result of the extraordinary disruption that the Iran war and the closure of the Strait of Hormuz inflicted on Qatar, the LNG producer whose expansion plans for the rest of this decade were rivaled only by the U.S.
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