Iran Conflict — 2026-03-18

Iran Strikes Qatar's Ras Laffan LNG Terminal in Major Escalation of Gulf Energy War

Iranian missiles struck Ras Laffan Industrial City -- Qatar intercepted 4 of 5 ballistic missiles but one penetrated, causing extensive damage and fires. QatarEnergy announced a complete suspension of LNG production at both Ras Laffan and Mesaieed; Qatar's energy minister stated recovery would take 'several weeks to several months.' Qatar declared Iranian military attaches persona non grata. Brent surged past $111/bbl. The strike represents Iran's first successful hit on a GCC energy production facility in this conflict.

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