This is not a regional conflict. This is a GLOBAL ENERGY CRISIS unfolding in real time and it is already starting to hit you personally and it will only get worse.
Ras Laffan’s liquefied natural gas facility is not just some far away facility in Qatar. It produces nearly 30% of the ENTIRE WORLD’S liquefied natural gas. 💀 30%. is now gone. Fires are burning. Extensive damage has been confirmed by QatarEnergy themselves.
Here’s how this hits YOU, no matter where you live:
The last time a major energy chokepoint got disrupted, gas prices spiked 40% in weeks. Europe gets roughly 20% of its LNG from Qatar. That supply just got torched. Germany, France and Italy are all depending on Qatar LNG after cutting off their noses by cutting off Russian gas. Europe’s natural gas prices are about to go PARABOLIC.
Japan’s electric utilities group is ALREADY scrambling to find alternative LNG supply. Cambodia just started panic-buying fuel from Singapore and Malaysia to survive. South Korea, India and Pakistan are all massive Qatar LNG buyers. They are all heavily exposed.
Higher Prices Impacting on You
Higher electricity bills = higher manufacturing costs.
Food, shipping, heating, cooling — all get much more expensive.
Higher LNG prices = higher electricity and heating bills everywhere.
Higher manufacturing costs = higher prices on EVERYTHING you buy.
Central banks now have to deal with a fresh inflation shock they didn’t see coming and are incapable of dealing with.