Live Update 
From the Liveblog of
Monday, March 2, 2026
From the Liveblog of
Monday, March 2, 2026
Energy prices spike after Qatar announces halt to LNG production amid war
Add ToI as a Preferred Source on GoogleEuropean natural gas futures are spiking 42% in the wake of the shutdown of a major supplier of shipborne gas due to the fighting in the Middle East.
The futures contract for April delivery shoots up to 45.46 euros ($53.26) on the ICE commodities exchange. The jump comes after QatarEnergy said it would stop its production of liquefied natural gas as the Middle East war rages. The state-owned firm blamed the war for the decision.
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