Qatar eyes return of gas exports

Qatar's LNG exports show tentative recovery as a tanker transited the Strait of Hormuz, a key route affected by the Iran war. QatarEnergy aims to restore 50% of output capacity within a month of the strait reopening fully, with full production hindered by Iran's earlier attacks on two LNG plants, requiring up to $26 billion and five years for repairs. The IMF projects an 8.6% GDP contraction for Qatar this year, the worst in the Gulf.