
Gas Prices in Asia and Europe Rise on Qatar LNG Disruption
Asian LNG spot prices hit four year highs after Qatar extended its force majeure into November, deepening a Hormuz driven supply squeeze that's also pushing European gas benchmarks higher.

Asian LNG spot prices hit four year highs after Qatar extended its force majeure into November, deepening a Hormuz driven supply squeeze that's also pushing European gas benchmarks higher.

UNG climbs 1.6% as Goldman Sachs Europe warns benchmark gas prices may need to double before winter, with storage levels hitting a near two decade low.

European natural gas prices jumped over 3% after Qatar halted maritime activity amid renewed US Iran tension near the Strait of Hormuz, threatening LNG flows just as winter storage season…