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Middle East Shipping Chokepoint Pushes Global Natural Gas Prices Higher – LNG Recap

Middle East Shipping Chokepoint Pushes Global Natural Gas Prices Higher – LNG Recap

Global natural gas prices bounced back Monday, lifted by escalating tensions in the Middle East, where increasing attacks in the Red Sea have impacted commercial shipping operations.  BP plc joined a growing list of major shipping companies in announcing that it would halt all of its oil and natural gas cargoes in the Red Sea.…

December 18, 2023