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November 6, 2026

Doha 4:57 pm

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Qatar becomes largest buyer of LNG from US amid Hormuz disruption

QatarEnergy has agreed to purchase up to 7 million metric tons per year of US LNG through long-term contracts signed this month.

Qatar's Energy Minister and CEO of QatarEnergy Saad Sherida al-Kaabi speaks during a press conference in Doha, on June 22, 2026.

Qatar locks in US LNG through 2054 as it looks beyond Hormuz

The Gulf state agreed to buy up to 4 million tons of US liquefied natural gas annually through 2054.

A German Air Force Eurofighter jet is seen during the NATO Media Day at Lielvarde Air Base in Lielvarde, Latvia, on Oct. 1, 2026.

Turkey says Qatar Eurofighter jet deal still on track despite Iran war

Ankara expects Doha to submit a draft sales contract for the fighter jets, as Turkey seeks to acquire aircraft that can be delivered sooner than its newly ordered Eurofighters.

Latest News

Qatar PM in Beirut as Lebanon seeks economic relief: What to know

Lebanese President Joseph Aoun met with Qatar’s Prime Minister and Minister of Foreign Affairs, Sheikh Mohammed bin Abdulrahman Al Thani

Former Shin Bet chief Ronen Bar sues Netanyahu for nearly $1M over Oct. 7 claims

Israel's Chief of the Mossad David Barnea (R) and Security Agency director Ronen Bar, attend a ceremony marking the Hebrew calendar anniversary of the Hamas attack on October 7 last year that sparked the ongoing war in Gaza, at the Mount Herzl military cemetery in Jerusalem on October 27, 2024. (Photo by GIL COHEN-MAGEN / POOL / AFP) (Photo by GIL COHEN-MAGEN/POOL/AFP via Getty Images)

Analysis

Gulf oil exports are back, but how durable is recovery?

nyse

Samuel Wendel

By Samuel Wendel

In Washington, DC, reporting on regional business and tech

Samuel Wendel

Senior Analyst, Middle East Business & Tech

In Washington, DC, reporting on regional business and tech

Vanessa Ghanem

In Dubai, reporting on business, energy and politics

Karen Young

In Washington, DC, reporting on regional energy

Reve Chaaban

In Doha reporting on culture

A picture taken on June 5, 2017, shows a man walking past the Qatar National Bank branch in the Saudi capital Riyadh.

Gulf investment to turn inward to rebuild postwar infrastructure: QNB

Charles-Emmanuel de Beauregard, Qatar National Bank’s head of corporate and institutional banking, said that the Gulf countries will need to rebuild their logistics capabilities after the closure of the Strait of Hormuz.

Aluminum from Dubai sits in the BMW Landshut factory on Oct. 25, 2024 in Ergolding, Germany.

Analysis

Gulf aluminum pursues global deals as Hormuz crisis accelerates shift

Gulf aluminum exporters are targeting global deals amid fallout from the US-Israel-Iran war, which has pushed prices to multiyear highs in early June.

Samuel Wendel

By Samuel Wendel

In Washington, DC, reporting on regional business and tech

Vessels are seen anchored in the Strait of Hormuz, off the port city of Khasab on Oman's northern Musandam Peninsula, on May 17, 2026.

Analysis

Turkey pushes Iraq, Syria trade routes as Hormuz crisis disrupts Gulf shipping

Turkey is using the Hormuz crisis to promote Iraq- and Syria-based Gulf-Europe corridors, but experts say the routes remain too costly, underbuilt and politically fragile to rival maritime shipping.

Barin Kayaoglu

By Barin Kayaoglu

In Ankara, reporting on geopolitics and national security

Mario Tama/Getty Images

Container rates climb as logistic firms scale up Hormuz alternatives

The Drewry World Container Index measuring container shipping prices has soared by more than 40% since the start of the US-Israel-Iran war.

United Arab Emirates

Philippe LOPEZ / AFP via Getty Images

Analysis

As Gulf crisis reshapes energy markets, experts warn of new normal

With the US-Israel-Iran war producing a historic supply shock, Al-Monitor hosted a panel of experts to explore how the conflict has ushered in a new era for global energy markets.