# Natural gas, LNG prices soar on Middle East supply fears

> Natural gas and LNG prices rose sharply on March 3 after Qatar paused LNG production following Iranian drone strikes on its Ras Laffan and Mesaieed industrial sites. Dutch TTF futures jumped 35% in a single session to above 60 euros per MWh.

- Date: 2026-03-03 · published 2026-03-03T12:00:00.000Z
- Category: geopolitics · region Global · magnitude high
- Page: https://feedsoft.ai/events/20365-natural-gas-lng-prices-soar-on-middle-east-supply-fears
- Commodities: [Natural Gas](https://feedsoft.ai/c/NATGAS.md)

## Why it matters

Qatar supplies about a fifth of global LNG, so the halt tightens supply to Europe and Asia and raises gas-based power and fertilizer costs.

## Read by commodity

- NATGAS: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| NATGAS | 2022-07-29 | [European Natural Gas, Asian LNG Prices Soar on NS1 Supply Cuts](https://feedsoft.ai/events/40665-european-natural-gas-asian-lng-prices-soar-on-ns1-supply-cuts.md) | -2.1% | +11.7% |
| NATGAS | 2026-09-09 | [European Natural Gas Prices Surge as Middle East Attacks Choke LNG Shipments - WSJ](https://feedsoft.ai/events/17648-european-natural-gas-prices-surge-as-middle-east-attacks-choke-lng-shipments-wsj.md) | +1.3% | +5.6% |
| NATGAS | 2026-03-19 | [Natural gas prices soar as Iran, Israel strike Middle East energy infrastructure \| Reuters](https://feedsoft.ai/events/20363-natural-gas-prices-soar-as-iran-israel-strike-middle-east-energy-infrastructure.md) | -4.7% | -12.3% |
| NATGAS | 2021-11-23 | [Supply Outages, Weather Forecasts Keep Global Natural Gas Prices Strong -- LNG Recap](https://feedsoft.ai/events/44230-supply-outages-weather-forecasts-keep-global-natural-gas-prices-strong-lng-recap.md) | -5.5% | -18.6% |
| NATGAS | 2026-04-24 | [Middle East crisis disrupts international natural gas markets and delays global LNG supply wave - IEA](https://feedsoft.ai/events/19907-middle-east-crisis-disrupts-international-natural-gas-markets-and-delays-global.md) | +2.7% | +17.0% |

## Sources

- cnbc.com: https://www.cnbc.com/2026/03/03/middle-east-war-gas-energy-lng-drone-qatar-strait-hormuz-price-shock.html

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