Goldman Sachs Predicts Gas Price Surge if Gulf LNG Recovery Stalls

Goldman Sachs has predicted that European and Asian gas prices will surge by the end of the year if the recovery in Persian Gulf LNG exports stalls.

This forecast is based on current market conditions, which suggest that a delay or decline in LNG imports from the region could lead to higher prices.

The Middle East conflict has already had an impact on global gas markets, with prices reaching multi-year highs earlier this week due to escalation fears.