Qatar removed from Fitch’s negative watch list as risks to LNG sites ease

Fitch Ratings has removed Qatar from the 'Rating Watch Negative' while maintaining its sovereign rating at AA, citing reduced risks to liquefied natural gas (LNG) facilities since March. However, the agency kept a negative outlook due to ongoing risks surrounding gas exports through the blockaded Strait of Hormuz. Qatar, one of the world's largest gas exporters, continues to face export disruptions caused by damaged energy facilities during the war on Iran.