Qatar’s state-owned energy company halts LNG production after Iran drone attacks

A liquefied natural gas (LNG) tanker on a digital screen at the Qatar Economic Forum (QEF) in Doha, Qatar, on Tuesday, May 20, 2025.

Christopher Pike | Bloomberg | Getty Images

QatarEnergy said Monday that it had halted liquified natural gas production due to attacks by Iran on its operating facilities.

QatarEnergy is the world’s largest provider of LNG. About 20% of global LNG exports come from the Gulf, primarily Qatar, and are shipped through the Strait of Hormuz, according to data from energy consulting firm Kpler.

Qatar’s Defense Ministry said earlier that two drones launched from Iran had struck an energy facility in Ras Laffan Industrial City and a water tank belonging to a power plant in Mesaieed. There were no casualties, the Defense Ministry said.

Shares of LNG exporters Cheniere and Venture Global jumped nearly 7% and more than 16%, respectively, in premarket trading.

This is breaking news. Please refresh for updates.

Source

World

Some young Americans scale back dating as costs and apps add pressure, survey shows

April 25, 2026

For many young Americans, dating is becoming as much about finances as it is romance. Half of single Americans surveyed said they are going on fewer dates or choosing less expensive activities because of rising costs, according to BMO Financial Group’s 2026 BMO Real Financial Progress Index. The bank polled 2,501 adults in late December through […]

0 bags, 0 earrings, hats: Mid-priced products are a status symbol for young shoppers

World

$300 bags, $150 earrings, $60 hats: Mid-priced products are a status symbol for young shoppers

April 25, 2026

When Jenny Lei launched her handbag company Freja, she thought about how much she’d personally want to spend on a work tote as a 20-something in New York City, she says. “I think a justifiable treat is less than $300. Above that, I start bargaining with myself,” says Lei, now 30, who launched Freja in […]

36-year-old left the U.S. for China—now pays ,000 rent and 0 for groceries for family of 4: It’s my ‘version of the American Dream’

World

36-year-old left the U.S. for China—now pays $1,000 rent and $100 for groceries for family of 4: It’s my ‘version of the American Dream’

April 25, 2026

As a kid, I moved around a lot. I was born in California, but I’ve lived in Arizona, Colorado, North Carolina, Virginia, Montana and Oklahoma. I never had the chance to call anywhere “home” for too long. So if you’d told me back then that I’d end up in China, I would’ve laughed. I visited […]