Natural gas prices spike in Asia, Africa, Europe and turn negative in US amid Iran war
Updated
Updated · Bloomberg · Apr 29
Natural gas prices spike in Asia, Africa, Europe and turn negative in US amid Iran war
10 articles · Updated · Bloomberg · Apr 29
Countries across Asia and Africa are rationing fuel and facing blackouts, while Europe braces for a winter energy crunch due to disrupted supplies.
Meanwhile, US shale regions experience such a gas glut that producers must pay buyers to take excess supply.
The Iran war has sharply divided global gas markets, intensifying shortages and price volatility outside the US, while highlighting regional imbalances in energy infrastructure and supply chains.
Why are U.S. producers paying to discard gas while the world faces blackouts?
As the energy crisis hits supply lines, which essential goods could disappear next?
As the U.S. shale boom slows, which nation is poised to become the next energy superpower?
Can U.S. export terminals be built fast enough to profit from the global energy crisis?
With the Strait of Hormuz closed, how many days of energy do Asia and Europe have left?
Will the global gas shortage force a permanent return to coal, killing climate goals?