Qatar faces 42% revenue drop as war on Iran hits gas

12 hours ago

Qatar’s government revenues fell 42 percent in the first half of 2026 as the US-Israel war on Iran disrupted gas exports and damaged key energy infrastructure, Emir Sheikh Tamim bin Hamad Al Thani has said. Addressing the annual session of the Shura Council in Doha on Tuesday, the emir said the closure of the Strait of Hormuz and damage to energy