The price surge occurs as energy importers in Asia and Europe accelerate efforts to secure gas supplies ahead of the winter season. Market tension is being further amplified by ongoing disruptions to shipments originating from Qatar.
Tuesday, October 20, 2026
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Middle East Tanker Attacks Drive Asian LNG Prices Past $30 per mmBtu
Commodities17 hours ago
LNG buyers in Asia are facing the steepest costs in nearly four years following a series of security incidents in the Middle East. Spot prices topped $30 per mmBtu for the first time since December 2022 after a reported attack on a carrier off Yemen dampened hopes for a recovery in regional exports, causing volatility in essential energy corridors.
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