Iran hits two Qatari LNG trains knocking out 17% of its export capacity

GLNG - Global LNG
MEOG - Middle East Oil & Gas
NorthAmOil - North America Oil & Gas
By Newsbase 22 March 2026
Major attack on Ras Laffan plant damaged two of its 14 LNG trains as well as a gas-to-liquids facility.
Iran’s deepening water crisis, driven by drought, climate change and decades of mismanagement, is straining supplies for millions and exposing the vulnerability of the country’s ageing water infrastructure.

War will deepen Iran’s water crisis

REM - Renewable Energy
By Ben Aris in Berlin 21 March 2026
Iran already had a water problem before the US-Israel attack on February 28. Now it is going to get a lot worse.
US waives sanctions on Iranian oil in the hope of easing pressures on oil prices

US waives sanctions on Iranian oil to curb price surge amid conflict

MEOG - Middle East Oil & Gas
By bnm Gulf bureau 21 March 2026
The US Treasury Department has issued another 30-day waiver on sanctions on buying sanctioned oil on March 20; this time freeing international traders to buy Iranian oil shipments, in the hope of calming international energy markets.
Europe produces just under half of its power from renewables, which will provide a very useful buffer against the 2026 oil shock.

Renewables supply nearly half of EU electricity in 2025

REM - Renewable Energy
By Newsbase 21 March 2026
Almost half (47%) of the European Union’s electricity was generated from renewable sources in 2025, according to new data from Eurostat, which will provide a significant buffer at a time when the fossil fuel markets have been plunged into chaos.
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