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Bloomberg News Now: : Qatar LNG Hit as U.S. Eyes Iran Oil to Ease Prices
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March 19, 2026
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6:00Now PlayingQatar’s LNG export capacity has been severely damaged, with repairs expected to take years and global energy markets already feeling the strain. The disruption is adding pressure to oil and gas prices worldwide. U.S. officials say they may allow Iranian oil already on the water into global markets to help stabilize supply. Treasury Secretary Scott Bezzant says the move could provide short‑term relief as energy costs surge. The developments come as governments scramble to manage the fallout from escalating regional tensions.
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