QatarEnergy Halts Red Sea LNG Shipments After Security Concerns

QatarEnergy, the world's second largest exporter of liquefied natural gas, has halted sending tankers via the Red Sea due to attacks by Yemen's Iran-backed Houthi group, seeking security advice and considering alternative routes. At least four tankers carrying Qatari LNG were held up over the weekend, prompting concerns about shipping safety in the region. The disruption could lead to delivery delays and potential cost increases for LNG cargoes to Europe, impacting global energy trade.