Iranian Attack on Qatar LNG Hub Sends European Gas Soaring 35%

Europe’s benchmark natural gas prices jumped by 35% at market open on Thursday, as fears of persistent gas supply disruptions intensified following the Iranian attack on Qatar’s Ras Laffan Industrial City (RLIC), which hosts the world’s biggest LNG liquefaction complex. 

The April 2026 contract of the Dutch TTF Natural Gas Futures opened 35% higher on Thursday, before easing the gain to 24% as of 7:48 a.m. Amsterdam time.