Never say never, but is winter over before it even started? | EU LNG chart deck: 13-24 Nov 2023
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Military strike on Iran’s giant South Pars gas field goes beyond military escalation. This is a structural supply shock with cascading consequences for oil, condensate, LNG and power that energy markets have barely begun to price.
How Europe’s response to the Hormuz crisis is blunting the very tools it needs to escape import dependency
🎧 Why markets anticipate a long Hormuz closure
Gas and LNG prices surge, as the storage-speculation nexus lights up along the forward curve