Qatar's Ras Laffan LNG plant hits longest shipping halt since 2008

Gas prices in Europe, Asia already rising

This pause is already pushing up gas prices in Europe and Asia.
Since Qatar supplies nearly 20% of the world's LNG, countries are now scrambling for alternatives or cutting back on things like fertilizer production.
If the halt drags on, it could lead to shortages, especially in cash-strapped emerging economies.