Qatar loses 42% of government revenue as Iran war hits gas exports
- Qatar's government revenue fell 42% in the first half of 2026 as the war involving Iran severely disrupted natural gas exports.
- Attacks damaged Qatar's Ras Laffan gas facilities, while the closure of the Strait of Hormuz blocked major export shipments.
- • The International Monetary Fund IMF predicts Qatar's economy will shrink by 15.6% in 2026 due to the ongoing energy crisis.
- Despite the losses, Qatar plans to continue major gas expansion projects, while around 17% of its export capacity remains offline.
Source: timesofisrael.com
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