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EconomicQatar·17 Oct 2026

Qatar reports 42% revenue decline in first half of 2026

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Emir Sheikh Tamim bin Hamad Al Thani announced a 42% decline in Qatar’s government revenue for the first half of 2026, driven by the closure of the Strait of Hormuz and the Iran war. Damage to the Ras Laffan gas complex, including the destruction of specialized 'cold box' equipment from Iranian missile and drone strikes, forced QatarEnergy to suspend…

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