Global liquefied natural gas (LNG) exports have fallen to their lowest levels in nearly two years, primarily driven by ongoing geopolitical tensions stemming from the war in the Middle East. This decline reflects a broader trend of disrupted supply chains and heightened uncertainty in energy markets, which have seen fluctuating demand and supply dynamics. In a related development, QatarEnergy has announced an extension of its force majeure on LNG supplies until mid-June, further complicating the global energy landscape. The extension indicates that the company is unable to fulfill its contractual obligations due to unforeseen circumstances, which could exacerbate supply shortages and impact prices in the coming months. Market sentiment remains cautious as stakeholders monitor the evolving situation, with fear of prolonged instability influencing trading strategies and investment decisions in the energy sector.