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Iran strike on Qatar LNG hub raises concerns for India’s energy security

Iran’s missile strike on Qatar’s LNG facility has disrupted global supply chains, posing risks for India’s energy imports and pricing.

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Heightened tensions in the Middle East have begun to ripple across global energy markets after Iran launched a missile strike on Ras Laffan, Qatar’s largest liquefied natural gas (LNG) facility. The attack has intensified fears of prolonged supply disruptions and rising fuel costs, with countries like India expected to feel the impact sharply.

The Gulf region has emerged as the focal point of escalating hostilities, with Iran targeting energy infrastructure and US-linked assets following strikes by the United States and Israel. The latest attack on Qatar’s key LNG hub has reportedly forced a complete halt in production at the facility, which is among the largest of its kind globally.

Qatar is a major LNG exporter and ranks alongside the United States, Australia and Russia in global supply. The disruption is not an isolated incident. Earlier in March, missile strikes on Qatari gas fields had already compelled QatarEnergy to suspend operations temporarily. These developments are linked to retaliatory actions following an Israeli strike on Iran’s South Pars gas field, part of the world’s largest natural gas reserve.

The broader conflict has also affected maritime activity in the Strait of Hormuz, a critical route that carries nearly one-fifth of the world’s oil supply. With rising threats to shipping, tanker movement has slowed significantly, pushing global oil and gas prices higher.

The situation has further escalated with continued strikes and counterstrikes across the region. Reports indicate heavy casualties in Iran, while missile and drone attacks continue to target strategic assets. The conflict, now in its third week, has effectively turned key shipping lanes into high-risk zones, with hundreds of cargo vessels stranded near major Gulf ports.

Impact on India

India is particularly vulnerable to these disruptions due to its reliance on imported natural gas. Around 50 percent of the country’s gas demand is met through imports, with Qatar accounting for a significant share.

According to energy economist Kirit Parikh, India sources roughly 40 percent of its LNG imports from Qatar, translating to about 20 percent of its total gas consumption. Any prolonged disruption could therefore strain domestic supply.

India’s current daily natural gas consumption stands at about 189 million metric standard cubic meters per day (MMSCMD), with nearly half met through domestic production. However, a portion of imported supply—estimated at 47.4 MMSCMD—has already been affected due to force majeure conditions.

In response, state-run gas companies have started sourcing LNG cargoes from alternative suppliers. However, such arrangements are likely to come at higher costs, adding pressure on industries dependent on gas, particularly the power sector.

Experts suggest that if the crisis persists, India may need to rationalise gas consumption, prioritising essential sectors while cutting usage in others.

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Magnitude 7 earthquake strikes Russia’s Kamchatka Peninsula

A magnitude 7 earthquake struck Russia’s Kamchatka Peninsula region on Friday. The initial report placed the earthquake at a depth of 140 kilometres.

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A magnitude 7 earthquake struck Russia’s Kamchatka Peninsula region on Friday, October 16, according to the European-Mediterranean Seismological Centre (EMSC).

The initial report placed the earthquake at a depth of 140 kilometres (approximately 87 miles). Details about the impact of the earthquake, including any damage or casualties, were not immediately available in the initial report.

Earthquake strikes seismically active Kamchatka region

Russia’s Kamchatka Peninsula is a seismically active region where earthquakes occur because of tectonic activity.

The latest earthquake was reported by the EMSC, which provided the initial magnitude and depth estimates. Further information about the situation on the ground was not available in the initial report.

What is known so far

  • Location: Kamchatka Peninsula region, Russia
  • Magnitude: 7.0
  • Date: Friday, October 16, 2026
  • Reported depth: 140 kilometres
  • Casualties and damage: Not provided in the initial report

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S Jaishankar says India is a natural option for Russia amid Europe tensions

External Affairs Minister S Jaishankar said India remained a natural option for Russia as Moscow increasingly turned towards Asia amid strained relations with Europe. He highlighted the continuity of India-Russia ties and their significance for the balance of power in Asia.

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External Affairs Minister S Jaishankar has described India as a natural option for Russia as Moscow increasingly looks towards Asia amid deteriorating relations with Europe. He said India’s longstanding relationship with Russia had remained steady despite significant changes in the international strategic landscape.

Jaishankar made the remarks during a conversation with John Micklethwait, editor-in-chief of the Bloomberg New Economy Forum. He discussed how the Russia-Ukraine war had affected Moscow’s relationship with Europe and contributed to Russia’s growing focus on Asia.

Jaishankar highlights Russia’s shift towards Asia

Jaishankar said Russia’s relationship with Europe had become deeply strained following the Ukraine war. He noted that Russia had historically viewed itself as a European country and placed considerable importance on its relations with Europe and the United States.

However, the conflict had pushed Moscow to look increasingly towards Asia,with much of that shift directed towards China.

The minister said it was in India’s interest, as well as the wider world’s interest, for Russia to maintain multiple relationships in Asia rather than having its options concentrated in one direction.

Against this backdrop, he described India as a natural partner for Russia, pointing to the longstanding nature of the relationship between the two countries.

India-Russia ties remain steady despite global changes

Jaishankar said India and Russia had maintained a consistent relationship over several decades. He emphasised that New Delhi continued to engage with Moscow even as the global order and Russia’s strategic calculations evolved.

According to the minister, India was reassuring Russia that the relationship built over nearly eight decades remained steady despite the changes in Moscow’s relations with Europe and the wider West.

He stressed that India was not passing a value judgment on those changes but was continuing its bilateral engagement with Russia.

Jaishankar said the relationship had benefited both countries and contributed to the balance of power and the broader status quo in Asia. 

Why the relationship matters for Asia

Jaishankar’s remarks highlighted India’s position in Russia’s changing regional outlook. As Moscow increasingly turns towards Asia, India continues to maintain its longstanding ties with Russia while navigating a changing international environment.

The minister’s comments underscored the importance he placed on preserving India-Russia ties and ensuring that Russia maintained multiple relationships in Asia. 

His assessment came against the backdrop of strained Russia-Europe relations following the war in Ukraine, which has reshaped Moscow’s engagement with Western countries and increased its focus on Asian partners.

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Putin praises PM Modi, says he has very good ideas on Ukraine war

Russian President Vladimir Putin has praised Prime Minister Narendra Modi for repeatedly raising the need to end the Ukraine war, describing his ideas for a settlement as “very good”.

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Vladimir Putin

Russian President Vladimir Putin has praised Prime Minister Narendra Modi for his continued efforts to promote an end to the Russia-Ukraine war, saying the Indian leader has “very good ideas” aimed at finding a mutually acceptable solution.

Putin made the remarks while addressing the Valdai Forum of international Russia experts, where he spoke about Modi’s repeated efforts to raise the issue of ending the conflict.

What Putin said about PM Modi

Putin said Modi has continued to raise the question of ending the conflict despite the close and friendly relationship between India and Russia.

According to Putin, the Prime Minister has shown a strong interest in finding a solution and has ideas that could help identify mutually acceptable ways to resolve the conflict.

Putin also described India’s position as neutral while highlighting Modi’s interest in bringing the conflict to an end through peaceful means.

The Russian president expressed gratitude to Modi for his ideas and his desire to see the conflict end as soon as possible.

Modi’s position on the Ukraine war

PM Modi has repeatedly called for dialogue and diplomacy to resolve conflicts, including during his meetings with Putin.

During their September 11 meeting in New Delhi, Modi reiterated that dialogue and diplomacy are the way forward for resolving conflicts.

Modi had also told Putin during their meeting on the sidelines of the Shanghai Cooperation Organisation summit in Bishkek that the situation needed to move from “endless war” towards an end to the war.

India has consistently maintained that conflicts should be addressed through dialogue and peaceful means, with Modi previously describing the present period as not being an era of war.

The Russia-Ukraine conflict began in February 2022 and has continued despite repeated diplomatic efforts to seek a resolution.

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