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World Economy Mar 27, 2026

US-Israel-Iran Conflict Disrupts Global LNG Supplies, Threatening Energy Security Worldwide

The US-Israeli conflict with Iran has severely disrupted global LNG supplies through the Strait of …
The ongoing United States-Israeli conflict with Iran has triggered severe disruptions to global LNG supplies in the Gulf, creating the most significant energy market disruptions in recent years. The critical Strait of Hormuz, through which 27 percent of the world's maritime oil trade and 20 percent of LNG shipments pass, has been brought to a near standstill.In response to the conflict, oil-producing nations such as Saudi Arabia have rerouted oil through alternative pipelines, while Qatar has completely halted LNG production at its Ras Laffan and Mesaieed facilities following attacks on its energy infrastructure. This disruption comes as natural gas makes up about a quarter of global energy consumption, raising widespread concerns about the impact on nations heavily reliant on gas imports.Natural gas is formed over millions of years from decomposed organic matter subjected to intense heat and pressure beneath the Earth's surface. LNG represents natural gas that has been cooled to -162 degrees Celsius through cryogenic processing, shrinking it to a 600th of its gaseous volume. In its liquid state, LNG is colorless, odorless, and non-flammable, making it safe and efficient to transport across vast distances.Before liquefaction, the gas undergoes purification through water-based solvents and molecular sieve beds to remove impurities including carbon dioxide, hydrogen sulfide, water, and mercury. Heavier hydrocarbons are then separated from methane and ethane through fractionation. The resulting fuel is typically composed of 85 to 95 percent methane, with small amounts of ethane, propane, butane, and nitrogen.LNG is stored in large insulated tanks without requiring high-pressure infrastructure, then pumped onto double-hulled carriers for shipment to terminals worldwide. At destination facilities, LNG is heated using seawater or warm water baths until it vaporizes—a process known as regasification—before being distributed through pipelines for consumption.Once returned to a gaseous state, LNG serves multiple purposes globally. Residential applications include cooking, heating, and electricity generation, while supporting hot water systems in homes and heating for commercial buildings. In power generation, LNG offers a comparatively low-carbon alternative to coal and oil. Industrial applications span fertilizers, plastics, paints, and medicines, with LNG also used to fuel heavy-duty vehicles and ships.The disruption has particularly affected agricultural production, as Gulf nations export close to half the world's traded urea—a key fertilizer component. Natural gas serves as both the primary feedstock and fuel for fertilizer manufacturing, with the halt in production forcing producers across the region to suspend or reduce operations.While primarily valued as an energy source, LNG processing yields significant by-products with industrial and medical applications. The most notable is helium, extracted during cryogenic processing. With global helium production estimated at 180 million cubic meters annually, the disruption to Qatar's LNG facilities has removed approximately 5.2 million cubic meters from the market each month—accounting for about a third of global monthly production.Helium is critical for cooling superconducting magnets in MRI and CT scanners, with the average MRI machine requiring about 1,700 liters of liquid helium. The element is also vital to the data center industry, where it conducts heat away from silicon components, preventing damage to semiconductors. Additionally, the natural gas value chain generates petrochemical derivatives that serve as feedstock for manufactured goods, including medical-grade plastics.According to the International Gas Union's 2025 World LNG Report, 411.24 million tonnes of LNG were traded in 2024. The United States emerged as the largest exporter with 88.4 million tonnes, followed by Australia (81 million tonnes), Qatar (77.2 million tonnes), Russia (33.5 million tonnes), and Malaysia (27.7 million tonnes). Together, these top five suppliers account for more than three-quarters of global LNG supply.China was the largest importer with 78.6 million tonnes in 2024, followed by Japan (67.7 million tonnes), South Korea (47.1 million tonnes), India (26.1 million tonnes), and Taiwan (21.8 million tonnes). These top five importers constituted nearly 59 percent of all global LNG imports that year.South Asian nations face particularly severe risks from the current conflict. Pakistan, where natural gas accounts for 28 percent of electricity generation for its 250 million people, and Bangladesh, where gas supplies half of all electricity for its 176 million population, are heavily dependent on Gulf imports. Qatar and the United Arab Emirates supply approximately 99 percent of Pakistan's LNG imports and 72 percent of Bangladesh's.In response to the energy crisis, Pakistan has implemented emergency measures including a four-day workweek for government employees and extended school holidays. Bangladesh has reduced gas supplies and is seeking nearly $2 billion in international loans to fund energy inputs and maintain price stability. India, which relies on Gulf nations for about half of its LNG and generates 5 percent of its electricity from gas, has shifted toward coal usage as LNG disruptions continue.
#lng #gas #used
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World Mar 25, 2026

Israel Accused of Using White Phosphorus in Lebanon, Sparking War Crimes Fears

Human Rights Watch has accused Israel of using white phosphorus in southern Lebanon, sparking conce…
Israel has been accused of using white phosphorus in southern Lebanon, a move that has reignited concerns over the country's adherence to international laws of war. Human Rights Watch (HRW) researchers have verified and geolocated images showing airburst white phosphorus munitions exploding over residential areas in the southern Lebanese town of Yohmor.The use of white phosphorus, a chemical substance that ignites when exposed to oxygen and burns at up to 800C, is controversial when used over civilian areas due to its potential to ignite fires, cause serious burns, and emit toxic fumes. Military forces often use it as a smokescreen, but its use in populated areas raises significant ethical and legal questions.Over 800,000 Lebanese people have been displaced from the region following Israeli forces' orders to leave, and many more uses of white phosphorus may have gone undocumented. Researchers have documented nearly 250 uses of white phosphorus by Israeli forces between October 2023 and November 2024, with 39% of these uses occurring in residential areas.The environmental impact is also significant, with over 2,000 hectares of southern Lebanese countryside burned, including dense forests and agricultural lands. The use of white phosphorus can lead to long-term soil contamination, reducing microbial diversity and agricultural productivity.An Israeli military spokesperson has cautioned against making factual determinations based on visuals alone, while Israel's ambassador to the UN has stated that the country takes steps to minimize civilian casualties. However, allegations of war crimes and the use of prohibited weapons continue to mount, highlighting the need for further investigation and accountability.
#white #phosphorus #lebanon
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Video Mar 24, 2026

Al Jazeera Correspondents Witness Tehran Residential Area Attack

Al Jazeera reports from the scene of an attack on a residential area in Tehran.
Al Jazeera's reporting team has been on the ground, providing firsthand coverage of the attack on a residential area in Tehran. The incident has drawn significant attention, with Al Jazeera being a primary source of information directly from the scene.
#jazeera #reports #scene
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News Mar 24, 2026

Israel's Smotrich Calls for Annexation of Southern Lebanon Amid Intensified Assault

Israeli Finance Minister Bezalel Smotrich urges annexation of southern Lebanon as Israel intensifie…
Israeli Finance Minister Bezalel Smotrich has called for the annexation of southern Lebanon, stating that the region's bombardment "needs to end with a different reality entirely", including a "change of Israel's borders".In a radio interview, Smotrich suggested that the new Israeli border should be the Litani River, a critical waterway in southern Lebanon. This comes as Israel continues its military operations in the area, targeting residential buildings and civilian infrastructure.The United Nations has warned that Israeli attacks may amount to war crimes, with over 1,039 people killed, including 118 children, and 2,876 wounded in Lebanon since early March. The conflict has also led to the displacement of over 1.2 million people, with many fleeing under threat of attack.The Israeli military has issued forced displacement orders for southern Lebanon and the southern suburbs of Beirut, prompting hundreds of thousands to flee. The World Health Organization has recorded at least 64 attacks on healthcare facilities, resulting in 51 deaths and 91 injuries.
#israel #lebanon #conflict
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News Mar 23, 2026

Arab and Muslim Ministers Unite Against Iran's Retaliatory Strikes

Foreign ministers from Arab and Muslim countries convened in Riyadh to address Iran's increasing re…
The ongoing conflict in the Middle East has taken a significant turn as foreign ministers from Arab and Muslim countries gathered in Riyadh for urgent discussions. The meeting, which included representatives from 12 countries, aimed to muster a common response to Iran's increasing retaliation against US assets and infrastructure in the region.The talks were held as Iran targeted several energy facilities across Saudi Arabia, the United Arab Emirates, and Qatar in retaliation against Israel's strike on the South Pars gasfield, Iran's biggest source of energy. This escalation comes after a series of Israeli assassinations of top Iranian security officials.The joint statement issued on Thursday confirmed that the countries present at the meeting, including Qatar, Azerbaijan, Bahrain, Egypt, Jordan, Kuwait, Lebanon, Pakistan, Saudi Arabia, Syria, Turkiye, and the United Arab Emirates, asserted the right of states to defend themselves, citing Article 51 of the United Nations Charter on defensive action.The foreign ministers condemned deliberate Iranian attacks with ballistic missiles and drones that have struck various targets, including residential areas, water desalination plants, oil facilities, airports, and diplomatic positions. They called on Iran to:Halt its attacks.Stop "provocative actions or threats" aimed at its neighbours.Cease supporting, financing, and arming pro-Iran proxy groups based in Arab states.Refrain from actions or threats aimed at blocking the Strait of Hormuz or threatening maritime security in the Bab al-Mandeb strait.The meeting yielded a unified response to Iran's increasingly unpredictable behaviour, but the joint statement was vague about how countries would follow this up. Saudi Foreign Minister Faisal bin Farhan Al Saud emphasized his country's right to defend itself and hinted that Saudi Arabia and other Gulf states would act if necessary, adding that they have "very significant capacities and capabilities that they could bring to bear should they choose to do so".The Iranian leadership's response to these developments remains unclear, with New Supreme Leader Mojtaba Khamenei having not been seen in public since his appointment. The Islamic Revolutionary Guard Corps (IRGC) issued a statement saying that Iranian forces had responded to the "deceiving and lying enemy" that had targeted energy facilities in the country, and that they had "entered a new phase of warfare" to defend Iran's infrastructure.
#iran #saudi #meeting
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News Mar 23, 2026

Socialist Emmanuel Gregoire Secures Paris Mayoralty as Far Right Makes Historic Gains in French Municipal Elections

Socialist candidate Emmanuel Gregoire has been elected mayor of Paris, defeating his conservative r…
Emmanuel Gregoire, representing a coalition of the Socialist Party, Greens, and Communists, has been elected mayor of Paris, marking a significant victory for the traditional left in France's municipal elections. The 48-year-old former deputy to outgoing mayor Anne Hidalgo secured the capital's top office with an estimated margin of 51 to 53 percent of the vote, defeating his conservative rival Rachida Dati. Gregoire campaigned on a platform positioning Paris as a 'city of refuge' and a 'bastion against the right and the far right.'While the left celebrated victories in major southern hubs, the far-right National Rally (RN) achieved its most significant breakthrough in decades. Despite falling short of taking control of the key cities of Marseille and Toulon, the RN secured a major win in the southern city of Nice, with former mainstream conservative Eric Ciotti elected as mayor. National Rally leader Jordan Bardella hailed the results as the party's biggest electoral success in its history, noting victories in local constituencies where the party had previously held little presence.The political landscape reflects a complex shift ahead of the 2027 presidential election. In Marseille, Socialist Mayor Benoit Payan was re-elected with 56.3 percent of the vote, a result bolstered by the withdrawal of a hard-left candidate from France Unbowed. Meanwhile, former Prime Minister Edouard Philippe delivered a better-than-expected performance in Le Havre, strengthening his potential candidacy for the presidency. The election results underscore a fragmented electorate, with low turnout—hovering just above 48 percent—suggesting voter disengagement despite the high stakes of the political battle.
#france #city #list
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News Mar 23, 2026

Israel and US Launch Extensive Strikes Across Iran Amid Escalating Conflict

Israel and the US have carried out extensive strikes across Iran, targeting infrastructure and resi…
Israel and the United States have launched a new wave of attacks against Iran, escalating the conflict in the region. The Israeli military confirmed that it carried out a second round of strikes, hours after initiating a wide-scale wave of attacks on infrastructure targets in Tehran. Al Jazeera Arabic's correspondent in Tehran reported that the size and volume of the explosions in the Iranian capital were unprecedented, especially on the eastern side of the city. Iranian air defense systems were activated in response to US-Israeli drones hovering over the city. According to Mohamad Elmasry of the Doha Institute for Graduate Studies, the war is escalating, with US and Israeli forces hitting not only military installations but also hospitals, schools, and over 5,000 residential units. He warned that the situation is becoming increasingly dangerous, especially for the people of Iran. Iran's Fars news agency reported that a strike on a residential building in Khorramabad killed one child and wounded several people, while at least six people were killed in strikes on homes in Tabriz city. The Iranian Red Crescent Society stated that over 80,000 civilian building units have been hit, with some fully demolished. The US military targeted a turbine engine production site in Qom province, used for drone and aircraft components linked to the Islamic Revolutionary Guard Corps (IRGC). Meanwhile, Iranian missile strikes continued overnight in Israel, with falling shrapnel reported across several locations. Iran's Foreign Ministry denied any dialogue with the US, claiming that President Trump's comments aimed to reduce energy prices and buy time to implement military plans. The IRGC warned that if the US targets Iran's power plants, it will hit power plants in areas supplying electricity to US bases and American interests. The conflict has resulted in over 1,500 deaths in Iran and 15 deaths in Israel. The situation has also unsettled oil markets, with prices fluctuating as Asian trading opened. The head of the International Energy Agency warned that the situation in the Middle East is very severe and worse than the two energy crises of the 1970s combined.
#iran #israel #strikes
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