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Iran's Strike on Trump Ally: $27 Billion Annual Loss, Major Impact on India
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Iran's Attack on Qatar: 2 Trillion Loss, India to Face Major Impact
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News18
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20-03-2026, 09:53
Iran's Attack on Qatar: 2 Trillion Loss, India to Face Major Impact
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Iran's attacks on Qatar's energy production lead to an estimated annual loss of 2 trillion rupees.
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Qatar, a US ally, is caught in the Iran-Israel conflict, suffering significant damage to its LNG facilities.
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Iranian missiles destroyed Energy Trains 4 and 6 in Ras Laffan Industrial City, impacting 17% of Qatar's gas production.
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It will take approximately 5 years to restore the damaged gas production facilities.
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India, importing over 60% of its LPG from Qatar, will be significantly affected by the production reduction.
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