Global Markets Reprice Risk as Qatar Halts Gas Exports #
The structural fragility of global energy logistics has finally been priced into the market. QatarEnergy has formally declared force majeure on long-term supply contracts following catastrophic Iranian drone strikes on the Ras Laffan Industrial City. The attacks wiped out 17 percent of the nation's liquefied natural gas export capacity, instantly evaporating an estimated $20 billion in annual revenue and threatening critical supply chains across Europe and Asia. Brent crude immediately flirted with $120 a barrel, triggering a systemic macroeconomic shock…