💥Energy Flux💥| Monday 24th May 2021
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Gas and LNG prices surge, as the storage-speculation nexus lights up along the forward curve
Iran, the Gulf, and the crisis of regional order
Hormuz closure and Qatar LNG shut-in trigger extreme volatility in gas, LNG and freight charter rates. The outlook is dire, especially for Europe, but not unremittingly so.
As Middle East regional war upends global gas markets, US LNG exporters and traders stand to pocket a multi-billion-dollar windfall