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Beleaguered Texas-based Freeport LNG saw a second tanker leave for export on Wednesday, less than a week after the first, as the liquified natural gas plant recovers from a series of outages over the past month and a half
Sees 2pc annual growth in production by 2030 to 4,600bn bcm from 4,000 bcm in 2022
LNG Prices: Iran has threatened to close the Strait of Hormuz if it deems necessary to protect itself from Israel.
India-Israel war: Oil and LNG prices could see a notable rise if Iran opts to block the Strait of Hormuz, a key route for importing crude oil from 'Saudi Arabia', 'Iraq', and 'UAE'. Analysts have pointed out that this could lead to increased inflation. The conflict between Iran and Israel has escalated recently, with Iran launching drone and rocket attacks on Israel, prompting Israel to respond with missile strikes. Crude oil prices have hovered around USD 90 per barrel amid the tensions. While efforts to de-escalate the situation are underway, Motilal Oswal Financial Services has warned of po...
India-Israel war: Oil and LNG prices could see a notable rise if Iran opts to block the Strait of Hormuz, a key route for importing crude oil from Saudi Arabia, Iraq, and UAE. Analysts have pointed out that this could lead to increased inflation. The conflict between Iran and Israel has escalated recently, with Iran launching drone and rocket attacks on Israel, prompting Israel to respond with missile strikes. Crude oil prices have hovered around USD 90 per barrel amid the tensions. While efforts to de-escalate the situation are underway, Motilal Oswal Financial Services has warned of potentia...