Iran Conflict Slams Global Gas Supplies

The ongoing conflict in Iran has dealt a significant blow to natural gas supplies, surpassing its impact on oil.

This disparity can be attributed to several factors. Firstly, the global gas supply chain lacks rerouting options and storage capacity compared to the oil market.

Liquefaction plants, which are crucial for exporting liquefied natural gas (LNG), are more complex and expensive to build and repair than their oil counterparts.