Iran War Ignites LNG Market: Prices Soar 140%, Global Supply Crippled

• LNG prices surge over 140% to a three-year high of $25/mmBtu due to the Iran war.
• Global LNG supply outlook faces a reduction of 35 million tons, severely impacting Asian nations.
• Damage to Qatar's export infrastructure and the blockade of the Strait of Hormuz disrupt 20% of global LNG transport.
• India, Pakistan, and Bangladesh reduce LNG demand, shifting to coal and domestic energy sources, affecting key industries.
• US, the largest LNG exporter, operates at full capacity with limited spot market availability, while Qatar project delays loom.