🔻Reuters: Qatar is one of the biggest economic victims of the war between the United States and Israel against Iran

Six months after the start of the war between the United States and Israel against Iran, data show that Qatar has been one of the largest economic victims of this war, with a 96% reduction in exports of liquefied natural gas (LNG).

In a report on this, Reuters has written that although oil exports from Saudi Arabia, the United Arab Emirates, Iraq and Kuwait have also been affected by this war, the extent of the reduction in their oil exports is by no means comparable to Qatar.

Based on Reuters calculations, Qatar has suffered losses of $24 billion from the sale of gas; a figure equivalent to the country’s five months of revenue based on 2025 data.

With the start of attacks by the United States and Israel, Iran effectively closed the Strait of Hormuz, severely disrupting energy transit through this route.

Before the war, about one fifth of global oil and gas trade was conducted via the Strait of Hormuz.

In its report, Reuters writes that Iran may not be able to dominate the region militarily, but by applying effective control over the Strait of Hormuz and using occasional attacks and threats against oil tankers, it has shown that it can deal an economic blow.