FEATURE: Low gas storage, LNG disruption to test European resilience in Q2
As the Middle East war bleeds into a second month, unprecedented disruptions to global LNG supply, low gas storage levels, and geopolitical uncertainty have primed the European gas market for a potentially tumultuous second quarter. The conflict continues to choke transit through the Strait of Hormuz, cutting off roughly 20% of the world’s LNG supply from international buyers. Even if fightingAs the Middle East war bleeds into a second month, unprecedented disruptions to global LNG supply, low gas storage levels, and geopolitical uncertainty have primed the European gas market for a potentially tumultuous second quarter. The conflict continues to choke transit through the Strait of Hormuz, cutting off roughly 20% of the world’s LNG supply from international buyers. Even if fightingRead More