Asian LNG Spot Prices Hit Highest Since 2022 as Iran Conflict Intensifies
- 1Asian LNG spot prices rose to $25.908 per mmBtu on Wednesday night, up 5% week-on-week.
- 2The increase comes as QatarEnergy extended force majeure on LNG deliveries through November amid renewed U.S.-Iran strikes.
- 3South Asian demand drove the move, with seasonal demand growth expected to push prices higher and prompt some buyers to step aside.
This 3-line summary is compiled from the report below.
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