A major LNG plant has come under fire from Iran. Qatar reported significant damage

Iran has launched a missile strike on the industrial city of Ras Laffan in Qatar, home to the world's largest liquefied natural gas export plant, the Qatari government said. The facility suffered "serious damage," the report said.

QatarEnergy did not disclose additional details about which specific facilities at the Ras Laffan site were affected. The industrial center is home to, among other things, a plant that normally accounts for about a fifth of the world's liquefied natural gas supply. Its operations were halted in early March.

The attack on Ras Laffan was a new stage in an escalating conflict that is now affecting key Gulf energy infrastructure, Bloomberg notes. Oil and natural gas prices earlier rose after Iran warned that a number of energy facilities, including an LNG complex, would become "legitimate targets" in response to an Israeli strike on the largest gas field, South Pars.

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