US natural gas prices have seen relatively modest impact from the Iran conflict on global LNG supply, with Henry Hub natural gas futures rising just 10% to $3.25/MMBtu. In contrast, European Dutch TTF benchmark natural gas prices have surged 57% to €50.5/MWh due to heavy reliance on liquefied natural gas exports from Qatar and the UAE—exports that must pass through the currently closed Strait of Hormuz. Analysts point out that US pipeline transmission capacity has reached its limits, constraining its ability to increase exports to Europe.

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin