Ban on Doha fleet may affect global gas market

A campaign by leading Arab countries to isolate Qatar is disrupting trade in commodities from crude oil to metals and food and deepening fears of a possible jolt to the global gas market.

A day after Saudi Arabia and its regional allies severed transport links with Qatar, bans on Doha's fleet using regional ports threaten to halt some of its exports and disrupt supplied of liquefied natural gas (LNG).

Traders worry that Riyadh’s allies might refuse to accept LNG shipments from Qatar and that Egypt might ban tankers carrying Qatari cargo from using the Suez Canal as they head to Europe and beyond.

Seven countries have severed diplomatic ties with Qatar over allegations the country supports terrorism.

(CGTN)