LBCI

Qatar halts LNG output, Saudi refinery, Israeli oil, gas fields shut amid Mideast strikes

Middle East News

02-03-2026 | 10:20

Share

Share

Qatar halts LNG output, Saudi refinery, Israeli oil, gas fields shut amid Mideast strikes

Qatar halted its production of liquefied natural gas on Monday as Israeli and U.S. strikes against Iran and Tehran's retaliation prompted precautionary shutdowns of oil and gas facilities across the Middle East.

Saudi Arabia shut its biggest domestic oil refinery after a drone strike, a source with knowledge of the matter said.

Qatari LNG production is equivalent to about 20% of global supply. The Gulf country is the world’s second largest LNG exporter after the U.S. and plays a major role in balancing Asian and European LNG market needs. Asian clients represent 82% of state-owned QatarEnergy's customers.

Oil prices surged as much as 13% intraday to above $82 a barrel, the highest since January 2025, as the conflict ground shipping to a near halt in the Strait of Hormuz, through which a fifth of global oil supply flows.

Reuters

Middle East News

Qatar

LNG

Saudi Arabia

Refinery

Israeli

Oil

Gas

Fields

Strikes

Next

Israeli army chief vows to strike 'all terrorist leaders and factions' across Middle East

Dubai airports to resume 'limited' flights Monday evening: Statement

Previous

Recommended For You

Hundreds gather at Khamenei funeral venue ahead of opening Saturday: AFP

Middle East News

13:25

Hundreds gather at Khamenei funeral venue ahead of opening Saturday: AFP

Israel warns of escalation across multiple fronts, names Iran as central focus

News Bulletin Reports

12:55

Israel warns of escalation across multiple fronts, names Iran as central focus

Yemen's Houthis threaten Saudi after alleged airspace intrusion: Spokesman

Middle East News

11:24

Yemen's Houthis threaten Saudi after alleged airspace intrusion: Spokesman

Gulf oil exports jump in June on record UAE flows

Middle East News

09:53

Gulf oil exports jump in June on record UAE flows

Subscribe to our VOD

SUBSCRIBE

Our visitors readings

Ukraine's NATO backers to vow 70 bn euros aid in both 2026 and 2027: Diplomats

09:10

Ukraine's NATO backers to vow 70 bn euros aid in both 2026 and 2027: Diplomats

Lebanese Social Affairs Minister: 40% of displaced people have returned home

2026-06-29

Lebanese Social Affairs Minister: 40% of displaced people have returned home

Israel reviews Hezbollah tunnel threat, pushes to reduce reliance on US arms

News Bulletin Reports

2026-06-30

Israel reviews Hezbollah tunnel threat, pushes to reduce reliance on US arms

Israel defense minister says troops to stay 'indefinitely' in Lebanon, Syria, Gaza

2026-07-01

Israel defense minister says troops to stay 'indefinitely' in Lebanon, Syria, Gaza

Videos

Lebanon’s ambassador to Washington: trilateral framework agreement first step toward restoring sovereignty

2026-06-26

Lebanon’s ambassador to Washington: trilateral framework agreement first step toward restoring sovereignty

Rubio on Lebanon-Israel framework agreement: 'beginning of the beginning,' more work needed

2026-06-26

Rubio on Lebanon-Israel framework agreement: 'beginning of the beginning,' more work needed

Lebanon, Israel sign trilateral framework agreement after Washington talks attended by Rubio: Video

2026-06-26

Lebanon, Israel sign trilateral framework agreement after Washington talks attended by Rubio: Video

Israeli strikes renew on Choukine, Maifadoun, and Nabatieh al-Fawqa in southern Lebanon: Video

2026-06-20

Israeli strikes renew on Choukine, Maifadoun, and Nabatieh al-Fawqa in southern Lebanon: Video

Massive Israeli strikes hit South Lebanon under ceasefire conditions

2026-06-19

Massive Israeli strikes hit South Lebanon under ceasefire conditions

Trump criticizes Israel’s Lebanon campaign, says war has gone on ‘too long’ and floats Syria role in conflict

2026-06-16

Trump criticizes Israel’s Lebanon campaign, says war has gone on ‘too long’ and floats Syria role in conflict

Rene Mouawad Airport in Qlayaat opening ceremony held in presence of Lebanese officials—Video

2026-06-06

Rene Mouawad Airport in Qlayaat opening ceremony held in presence of Lebanese officials—Video

Israeli army releases footage of first tank crossing Litani River toward Beaufort Castle

2026-05-31

Israeli army releases footage of first tank crossing Litani River toward Beaufort Castle

Iran uses cluster bombs to target Israel: AiTelly explains what happens when a missile is intercepted—Video

2026-03-25

Iran uses cluster bombs to target Israel: AiTelly explains what happens when a missile is intercepted—Video

Most read

24 hours

7 days

Month

Aoun says trilateral framework agreement aims to empower Lebanese army, not legitimize Israeli presence

1

Aoun says trilateral framework agreement aims to empower Lebanese army, not legitimize Israeli presence

Israel warns of escalation across multiple fronts, names Iran as central focus

2

Israel warns of escalation across multiple fronts, names Iran as central focus

Lebanese Defense Minister arrives in Tehran to represent Lebanon at official memorial ceremony

3

Lebanese Defense Minister arrives in Tehran to represent Lebanon at official memorial ceremony

Lebanon updates fuel prices as gasoline and diesel costs decline

4

Lebanon updates fuel prices as gasoline and diesel costs decline

Lebanon says casualties surpass 4,000 since March 2

5

Lebanon says casualties surpass 4,000 since March 2

Supreme leader's body arrives at Tehran religious complex for funeral: state media

6

Supreme leader's body arrives at Tehran religious complex for funeral: state media

Ghalibaf: Martyred commander always emphasized Speaker Berri's standing among Lebanon's Shiites

7

Ghalibaf: Martyred commander always emphasized Speaker Berri's standing among Lebanon's Shiites

Chief of Iran Guards makes first public appearance since war: Media

8

Chief of Iran Guards makes first public appearance since war: Media

Download now the LBCI mobile app

To see the latest news, the latest daily programs in Lebanon and the world

Google Play

App Store

Download now the LBCI mobile app

We use
cookies

We use cookies to make
your experience on this
website better.

Accept

Learn More