Qatar's deputy PM warns that energy market disruptions from the US-Israel war on Iran have not yet peaked, as damage to Qatar's gas facilities and threats to the Strait of Hormuz persist.
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01Summary
- 01Sheikh Saoud bin Abdulrahman Al Thani warned at the Global Security Forum in Doha on 19 October 2026 that energy shockwaves 'haven't reached the peak'.
- 02Iranian strikes in March damaged Qatar's Ras Laffan industrial complex, with repairs expected to take several years.
- 03Al Thani rejected any transit fees for ships passing through the Strait of Hormuz, saying uncertainty would affect global consumers.
- 04Qatar maintains communication with Iran and hopes mediation with Pakistan and Oman can produce a US-Iran agreement.
- 05Al Thani announced a new regional defence partnership focusing on air defence, counter-drone measures and cybersecurity.
02Why it matters
Persistent instability in the Strait of Hormuz and damage to Qatar's LNG facilities could disrupt global energy supplies and raise costs for consumers worldwide.
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