Iran Crisis Threatens Worst Gas Market Disruption Since 2022

A widening Middle East conflict looks set to create the most significant disruption for gas markets since Russia’s invasion of Ukraine upended global trade four years ago.

Iran’s neighbors, like Qatar, are some of the world’s most important producers, and the region is also a vital supply route, with 20% of liquefied natural gas exports traveling through the Strait of Hormuz, a crucial chokepoint for global energy.