BBCNEWS Asia Business Report June 4, 2024 23:34:00
Well, i think it's important to have some context here. we've seen a few hundred workers in a very remote part off the coast of western australia, essentially bring gas traders to their knees in europe, causing tens of billions of dollars in gains and losses over the last week. and as you say, traders are very much on edge because after the withdrawal of russian supply last year, there's very little redundancy left in the system to absorb another shock. but as you say, the woodside situation is now resolved, so 10% of world supply is no longer at risk. it's now moved down to just 7% and it's i...