New Delhi, Oct. 15 -- Qatar's government revenue fell 42 percent in the first half of the year, and Emir Sheikh Tamim bin Hamad Al Thani told the Shura Council on Tuesday that the state still cut no essential service.

Qatar supplies about a fifth of the world's liquefied natural gas trade, and the closure of the Strait of Hormuz, together with direct damage to energy facilities in Ras Laffan Industrial City, disrupted a significant portion of its exports.

His case for resilience rests on the rest of the economy. Non-hydrocarbon sectors still account for about 80 percent of real GDP, he said, and in 2025 the economy grew 2.9 percent with inflation at 0.5 percent and a current account surplus. High sovereign credit ratings held. Qatar's g...