New Delhi, March 20 -- The Asian liquefied natural gas (LNG) benchmark hovered near a three-year high on Friday after missile attacks from Iran disabled 17 per cent of Qatar's export capacity, causing a significant disruption to global energy markets.

According to a Reuters report on Friday, the Japan-Korea-Marker (JKM) stood at USD 22.732 per million British thermal units (mmBtu). While the price saw a 10.55 per cent day-on-day decline, which indicated that the damage to production infrastructure has already impacted futures markets through 2027, Platts, part of S&P Global Energy was cited by Reuters.

Missile attacks on Qatar's Ras Laffan Industrial City have significantly disrupted global energy supplies, reducing the country's liquef...