# IEA says Iran war will keep the global natural gas market tight for two years - CBS News

> The IEA expects the Iran war to keep global natural gas supply tight for two years, with damage to Qatar's Ras Laffan LNG facility cutting capacity by 17%. The agency estimates a cumulative loss of 120 billion cubic meters of LNG supply through 2030.

- Date: 2026-04-24 · published 2026-04-24T12:00:00.000Z
- Category: geopolitics · region Global · magnitude medium
- Page: https://feedsoft.ai/events/19909-iea-says-iran-war-will-keep-the-global-natural-gas-market-tight-for-two-years
- Commodities: [Natural Gas](https://feedsoft.ai/c/NATGAS.md)

## Why it matters

A prolonged loss of Qatari LNG capacity keeps global gas and energy costs elevated, which feeds into fertilizer and processing costs for feed.

## Read by commodity

- NATGAS: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| NATGAS | 2023-02-14 | [Global risks to the EU natural gas market](https://feedsoft.ai/events/37517-global-risks-to-the-eu-natural-gas-market.md) | -13.1% | +8.2% |
| NATGAS | 2026-09-23 | [Global gas market pricing prolonged tightness due to Iran war, IGU executive says - CNA](https://feedsoft.ai/events/17646-global-gas-market-pricing-prolonged-tightness-due-to-iran-war-igu-executive.md) | +5.5% | +3.4% |
| NATGAS | 2026-07-07 | [Global demand for natural gas expected to contract this year as tighter supply pushes up prices - IEA](https://feedsoft.ai/events/18538-global-demand-for-natural-gas-expected-to-contract-this-year-as-tighter-supply.md) | -12.4% | -14.4% |
| NATGAS | 2021-06-30 | [FEATURE: All eyes on Europe's tight gas market going into Q3 \| S&P Global](https://feedsoft.ai/events/46766-feature-all-eyes-on-europe-s-tight-gas-market-going-into-q3-s-and-p-global.md) | -1.7% | +10.4% |
| NATGAS | 2024-12-30 | [Global Natural Gas Prices Mixed as Market Tracks Tightening Supplies — LNG Recap](https://feedsoft.ai/events/27150-global-natural-gas-prices-mixed-as-market-tracks-tightening-supplies-lng-recap.md) | +20.6% | +7.4% |

## Sources

- cbsnews.com: https://www.cbsnews.com/news/iran-war-lng-supply-iea-report-gas-markets-impact/

---
Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.