The closure of the Strait of Hormuz, a critical global oil chokepoint controlled by Iran, threatens to trigger a severe energy crisis and global recession. With LNG spot prices already doubled and 15% of Qatar's export capacity destroyed, the conflict's economic fallout is mounting, highlighting the urgent need for a negotiated ceasefire.
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- ›Qatari LNG Capacity Lost: 12+ million tons annually (15% of total)
- ›LNG Price Increase: Doubled since war began
- ›Target this Data: 12+ million tons (Qatar's annual LNG export capacity destroyed)
- ›Target this Nodal Body: The Strait of Hormuz (as a geographical chokepoint, not an institution)
- ›Target this Legal Point: Joint Comprehensive Plan of Action (JCPOA) of 2015
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