Airstrikes by US and Israeli forces hit targets in Iran on Feb. 27, 2026. The ensuing conflict has brought about the closure of the Strait of Hormuz and damage to major fossil fuel production sites across the Gulf region – kicking off what is still unfolding as the most significant supply shock the world’s energy system has seen yet. pv magazine looks at the impacts already playing out across Asia, where many countries rely heavily on fuels transported through the Strait.
Ras Laffan Industrial City in Qatar represents around 20% of the world’s supply of liquefied natural gas. Damage to the facility affecting around 17% of its output will reportedly take three to five years to repair.
Image: Matthew Smith/FlickrCC
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