The Qatari finance minister issued a pretty serious warning at last week's IMF meeting. He said that the current rise in energy prices is just the beginning. The real shock is expected to hit in one to two months.

The Ras Laffan LNG facility was attacked in March, and it accounts for about one-fifth of the world's LNG exports. In other words, if this facility in Qatar stops functioning, it means the global natural gas supply is already under severe pressure. They say it will take five years to fully recover exports, so it's truly serious.

Even more concerning is helium. Qatar supplies about 30% of the world's helium, but this is also at risk. Helium is essential for chip manufacturing, so a shortage could ripple into the semiconductor industry as well.

If the Strait of Hormuz remains restricted, it won't just be an energy crisis—food shortages caused by fertilizer scarcity could become a real threat. We're talking about countries that might not be able to supply electricity anymore.

According to Qatari authorities, the current price increases are just the tip of the iceberg. The real economic impact is yet to come. I think the market should start to become aware of the long-term effects.