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<Commodity>European Natural Gas Prices Mount 35% on Iranian Attacks on Global LNG Plants
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Iran intensified its attacks on energy infrastructure in the Gulf region, leading to damage at the world's largest liquefied natural gas (LNG) export plant located in Qatar. As a result, European natural gas prices rallied, with benchmark futures prices mounting by 35%. Since the onset of the Iran war, prices have surged by over 1x. Several LNG facilities in its Ras Laffan Industrial City were attacked by missiles, causing massive fires and extensive damage, QatarEnergy said. AASTOCKS Financial News Website: www.aastocks.com |
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