Middle East Conflict Upends Global LNG Market Dynamics Since the outbreak of the US-Iran conflict at the end of February, gas prices in both Europe and Asia have risen sharply, pushing forward curves into backwardation. The conflict has effectively closed the Strait of Hormuz, through which approximately 20% of global LNG trade transited prior to […] The post Europe Faces Mounting Gas Supply Risks Ahead of Winter appeared first on Dow Jones .
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