Summer Heatwaves May Deepen the Global LNG Crunch | HappeningNow.news
Published Date: May 29, 2026

Energy OilPrice 23h 20m ago 2 sources

Summer Heatwaves May Deepen the Global LNG Crunch

The global gas market, which has been reeling from the sudden loss of 20% of daily LNG supply, is poised to tighten even further in the c…

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The global gas market, which has been reeling from the sudden loss of 20% of daily LNG supply, is poised to tighten even further in the coming months as higher-than-expected summer temperatures and the El Niño weather pattern are expected to raise gas demand in Asia. Asian and European gas prices could rally even higher if the Strait of Hormuz remains inacc…

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