Although the outbreak of war between the United States, Israel and Iran has so far largely spared crucial oil and gas assets, a prolonged conflict increases the likelihood of material supply disruptions -- particularly for liquefied natural gas (LNG) markets, which have already seen a significant price spike in some areas. The conflict has so far spared the Middle East's most important energy assets, despite the deployment of hundreds of drones and missiles across the wider region. Still, a few facilities have been directly impacted. On March 2, QatarEnergy announced it was halting production at all its liquefied natural gas (LNG) facilities following an Iranian attack on the company's Ras Laffen LNG complex, located at the north end of the Qatar peninsula, close to Iran. Saudi Arabia has also shut down its largest refinery, Ras Tanura, as a precaution after interceptor shrapnel and a drone fell on the facility. QatarEnergy's...
