More disruption lies ahead as Qatar warns global energy shockwaves from Iran war have yet to peak

Energy risks still growing

Qatar’s deputy prime minister said the energy effects of the war on Iran had yet to reach their peak. He warned that further repercussions could come in the days and months ahead.

The conflict raises concerns about disruption to energy supplies, international trade and economic growth. Al Thani said Qatar had been surprised by the attack and that there had since been extensive discussion with Iran.

Calls for dialogue with Tehran

Al Thani said Qatar and Iran remained in contact at different levels despite their disagreements. “We never stop our communication,” he said. He described Iran as Qatar’s neighbour and said the two countries needed to find ways to live alongside each other. He also expressed hope that mediation involving Qatar, Pakistan and Oman could help secure an agreement among the United States, Iran and other parties, including Israel.

Hormuz tolls opposed

Al Thani warned against charging ships tolls to pass through the Strait of Hormuz. He did not provide further details about the proposal in his remarks.

Defence partnership with Washington

Al Thani highlighted Qatar’s longstanding defence partnership with the United States. He said shared expertise and military capabilities developed over three to four decades had helped prevent “more than 90 percent” of attacks.