The Globe and Mail reports in its Thursday, April 9, edition that Poten & Partners analyst Jon McDonald says the Iran war has altered the LNG market, possibly for the long term. The Globe's Brent Jang and Jeffrey Jones write that Mr. McDonald says LNG spot prices are likely to remain higher than before the war in Iran started. He says there will be periods of pricing volatility. Since Feb. 28, benchmark LNG spot prices for European and Asia-Pacific markets doubled in March, as the conflict widened. LNG spot prices fell in late March and early April and are expected to keep decreasing if the Middle East ceasefire holds. However, they may remain elevated for the rest of 2026 and possibly into 2027. Qatar, the world's second-largest LNG exporter after the U.S. last year, halted its production in early March. Iran last month launched multiple attacks on the Ras Laffan LNG hub in Qatar, inflicting heavy damage. Analysts and the shipping industry are raising concerns about the reliability of exporting through the Strait of Hormuz in the future. Mr. McDonald says, "I think a question on everybody's mind is how will Qatar restore confidence." He says vessel owners are "viewing the strait as a risky bet now."