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India Gas Demand Drops 1.5M Tons on Iran War LNG Price Spike

India’s natural gas demand has declined by 1.5 million tons so far this year as the Iran war choked LNG supplies from the Middle East, hiked spot prices, and destroyed some demand across South Asia, according to Wood Mackenzie.

Original · OilPrice.com AI summary of public reporting

Why: Iran war chokes LNG supply → higher spot prices

NATGAS

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At publication → Current
NATGAS3.539 → 3.552+0.4%
India Gas Demand Drops 1.5M Tons on Iran War LNG Price Spike | SignalHub