European natural-gas prices surged for a second day after a production halt at the world’s largest liquefied-natural-gas export facility in Qatar rattled markets. Futures for Dutch TTF, the European natural-gas benchmark,

Disruption to LNG supplies could dent European growth and harm reindustrialization ambitions.

The widening war in the Middle East is driving up spot natural gas prices in Europe and Asia. While it highlights the potential for Canada to play a greater role as a stable global supplier, one economist says it's not likely to change much in the near term.

Qatar shut down liquefied natural gas production at the world’s largest export facility after it was targeted in an Iranian drone attack, sending European gas prices surging more than 50% and rattling global energy markets.

The natural gas market has seen a bit of upward pressure, perhaps as a result of Qatar stopping production of natural gas, and the idea that Europe will have to import gas from the USA.

About a fifth of the global supply of liquified natural gas comes through the Gulf, primarily from Qatar. With that supply halted, possibly for weeks, major importers in Europe and Asia will need to look elsewhere.

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Why natural gas prices has spiked by 93 per cent and what the impact might be for UK - A Qatari gas plant shutting has stoked fears of an energy crisis as attacks across the Gulf continue