‘Armageddon’ attack on Qatari plant could keep energy prices high around the world: analysts

Damage to a critical Qatari facility is threatening to keep energy prices high around the world even if the war in Iran ends soon in what some analysts are calling an “Armageddon” situation. Qatar’s Las Raffan plant supplies a fifth of the world’s liquefied natural gas, which is used for electricity, heating and cooking – but Iranian strikes have damaged the facility, worsening what is already the largest-ever energy supply disruption. “I woke up this morning and thought, ‘No, please no,’” Anne-Sophie Corbeau, former head of gas analysis at BP now at Columbia University’s Center on Global Energy Policy, told...