When Qatar said on Monday it was shutting 20% of the world’s liquefied natural gas production after an Iranian attack, the energy market had a flashback to the crisis that hit in Europe in 2021 and 2022 after Russia invaded Ukraine. Thankfully, not every gas crisis is created equal. With a bit of luck, the current upheaval may not be as catastrophic for energy prices. If so, it will be all thanks to China.
www.bloomberg.com
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The Iran War Is Creating an LNG Shortfall. Don’t Panic Yet
