Iran Conflict Keeps LNG Prices Elevated Amid Maritime Risk
Global natural gas prices pulled back on Monday after surging due to renewed fighting in Iran.
However, persistent maritime risk and tight European fundamentals kept US LNG cargo values near their highest level in more than three years.
The TTF retreated from its five-day rally, but the threat of disruptions to global trade continues to keep prices elevated.
LNG premiums remain high due to the ongoing conflict and resulting supply chain issues.