India’s LNG demand is rising despite soaring prices as heat-driven power shortages turn gas from an expensive fuel into an emergency grid lifeline.

The closure of the Strait of Hormuz and the shutdown of Qatars LNG exports have pushed gas prices higher, but the disruption could ultimately lead to a prolonged global LNG glut,…

Unless peace talks between US and Iran fail and the Strait of Hormuz remains closed beyond July, LNG prices will see a sharp drop.