Jewish News 24 · Aug 22, 2026
Jewish News 24 — photo status
*QATAR SLASHES SPENDING AMID IRAN WAR:* Qatar has reportedly cut government budgets by up to 30% and overseas aid by roughly 85% as the Iran war and disruptions to LNG exports hammer its economy. Iranian strikes on the Ras Laffan energy hub reportedly reduced export capacity by 17%, while disruptions in the Strait of Hormuz have added further pressure. Qatar is drawing on its roughly $500 billion sovereign wealth fund as the crisis continues, according to the Financial Times.
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