Iranian missile and drone strikes on Qatari territory, including the Ras Laffan LNG facility, have continued since late February 2026 as part of broader regional escalation tied to the U.S.-Israel conflict with Iran. Recent attacks in October caused extensive damage to energy infrastructure, reduced LNG export capacity, and triggered sharp rises in global oil and gas prices, with U.S. officials issuing direct warnings against further targeting. Qatar has documented civilian and commercial impacts in UN submissions, rejected Iranian claims that strikes were limited to U.S. sites like Al Udeid Air Base, and pursued diplomatic channels while condemning violations of sovereignty. Fresh calls from Qatari leadership for a Gulf-Iran collective security framework coincide with ongoing naval tensions in the Strait of Hormuz and indirect U.S.-Iran contacts mediated through Doha. These verified military and diplomatic developments shape trader assessments of additional strikes before any resolution date.