Trump's Iran Naval Blockade Sends Brent Crude Toward $120, Dow Futures Slide—Tehran Taunts US Over Rising Oil Prices
Global Energy Roundup: Market Talk
Fertilizer Concerns Lift Corn -- Market Talk
Still Focused on Crude Oil? U.S.-Iran Conflict 'Severely Damages' World's Largest LNG Facility, High Prices May Persist for Years!
①Qatar Energy reported that repeated attacks by Iran have caused extensive damage to the world's largest LNG facility, Ras Laffan Industrial City, potentially leading to a long-term global natural gas shortage; ②Ras Laffan Industrial City accounts for approximately one-fifth of the total global LNG annual production capacity, with exports primarily directed to European and Asian markets. Its closure has intensified supply tightness in the global LNG market.
Dow Futures Fall 100 Points, Oil Jumps Above $95 As US Allies Reject Trump's Call To Escort Tankers In Hormuz
Express News | Reuters: Qatar to completely halt liquefied natural gas production on Wednesday.