European gas prices have surged by up to 45% following Iranian drone attacks that disrupted Qatar's liquefied natural gas production in Ras Laffan and Mesaieed, leading the country to cease operations. Concurrently, Saudi Arabia halted production at its Ras Tanura oil refinery, one of the world's largest, after Iranian drone strikes damaged the facility, which produces approximately 550,000 barrels daily. These attacks, occurring as the US-Israel war with Iran enters its third day, have also led to the downing of three US F-15 fighter jets over Kuwait in a friendly fire incident, with crews surviving. Iran has rejected an ultimatum from Donald Trump to disarm and has launched further attacks on Israel and Gulf states.