Fitch Ratings announced on Friday that it is removing Qatar from its Rating Watch Negative list while maintaining the country\u2019s AA sovereign credit rating, even as the conflict involving the US and Israel against Iran continues and the Strait of Hormuz remains blockaded.<\/p>\n
The global ratings agency said the decision reflects a decrease in risks to Qatar\u2019s liquefied natural gas (LNG) infrastructure since March. Qatar, one of the world\u2019s top gas exporters, has nevertheless endured export disruptions and shortages linked to damaged energy facilities during the six-month-old war with Iran.<\/p>\n
Despite the downgrade removal, Fitch maintained a negative outlook on the rating, warning that uncertainties around the flow of gas exports through the blockaded Strait of Hormuz persist. \u201cThe impact of the war on the credit profile will take longer to discern,\u201d the agency stated.<\/p>\n
Earlier this year, rival credit rating agencies S&P Global Ratings and Moody\u2019s also affirmed Qatar\u2019s sovereign ratings, pointing to the nation\u2019s substantial financial reserves as a buffer against the war\u2019s economic fallout.<\/p>\n","protected":false},"excerpt":{"rendered":"
Fitch Ratings removes Qatar from Rating Watch Negative, keeps AA sovereign rating amid ongoing Strait of Hormuz risks.<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[1903,1906,1904,33,1463,1905,707,10],"class_list":["post-853","post","type-post","status-publish","format-standard","hentry","category-business","tag-fitch-ratings","tag-iran-conflict","tag-lng","tag-middle-east","tag-qatar","tag-sovereign-credit","tag-strait-of-hormuz","tag-world"],"_links":{"self":[{"href":"https:\/\/yovao.com\/index.php\/wp-json\/wp\/v2\/posts\/853","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/yovao.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/yovao.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/yovao.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/yovao.com\/index.php\/wp-json\/wp\/v2\/comments?post=853"}],"version-history":[{"count":0,"href":"https:\/\/yovao.com\/index.php\/wp-json\/wp\/v2\/posts\/853\/revisions"}],"wp:attachment":[{"href":"https:\/\/yovao.com\/index.php\/wp-json\/wp\/v2\/media?parent=853"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/yovao.com\/index.php\/wp-json\/wp\/v2\/categories?post=853"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/yovao.com\/index.php\/wp-json\/wp\/v2\/tags?post=853"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}