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Story summary
- The disruption to Qatar's LNG output has driven regional gas prices to a three-year high.
- Iran's drone strikes on Qatar occur amid escalating regional conflicts and a blockade in the Strait of Hormuz.
- Spot LNG prices rose to about US$23.80 per MMBtu.
- The Ras Laffan plant halt has forced buyers to seek alternative supplies.
- Analysts warn Asia's dependence on imported fossil fuels increases vulnerability.
