While Asia and Europe scramble for natural gas, the US glut has nowhere to go
The US war on Iran has boosted prices of globally traded natural gas by throttling exports from the Gulf. In West Texas, gas is so abundant that some producers must pay to have it taken away. The war and Iran’s attacks on Gulf energy producers have halted 20 per cent of global liquefied natural gas
ORIGINAL SOURCE →via Dawn Pakistan
ADVERTISEMENT
⚡ STAY AHEAD
Events like this, convergence-verified across 689 sources, land in your inbox every Sunday. Free.
GET THE SUNDAY BRIEFING →RELATED · IR
- [HEALTH] In the name of immunity, for the sake of the sacred: An analysis of the Iranian government's response to the COVID-19 ou
- [CONFLICT] IDF: Iron Beam laser saw limited use in Iran war due to lack of batteries
- [CONFLICT] IDF shifts focus to Iranian nuclear threat as ballistic missiles, regime change fall by the wayside
- [CONFLICT] Katz'dan İran'a saldırı bahanesi
- [FINANCE] Bitcoin takes another aim at $80,000 as stocks rise, oil drops on Iran optimism
- [CONFLICT] Trump briefed on new military options for Iran