Bloomberg Surveillance · Thursday, July 9, 2026
Recent tanker attacks have set back Qatar's energy export plans, potentially delaying force majeure declarations from August-September. Leslie Paulton Guzman from Standard Chartered notes that these conflicts create uncertainty and volatility in energy markets, with gas prices already reacting. The primary impact is on emerging markets in Southeast Asia, where Qatar is a crucial supplier.
“It's, you know, a setback because a few weeks ago, Katar was already warning its customers that it could leave the force measure by August September, and some of Qatar's priorities are going to be delayed.”
“And what we're seeing is that there is still a sword of democlets hanging over the economies of the Gulf States and those kind of repeated cycles of conflict are going to damage the confidence for the customers and investors.”
“So it creates a lot of uncertainties. You know, when you look at demand supply, demand balances and prices are going to remain volatile. We've seen already, you know, for gas energy gas prices gqm TTF going back up yesterday and the day before with the series of attacks.”