CERAWEEK Shell concerned Iran war will impact long-term confidence in LNG supply

Shell warned that the Iran war could undermine long-term confidence in the affordability and security of natural gas supplies, according to Cedric Cremers, president of integrated gas. This raises the risk of tighter supplies and greater price volatility across global gas markets, posing sector-level downside for energy firms and potential cost pressures for gas-dependent consumers and industries.

Analysis

Shell warned that the Iran war could undermine long-term confidence in the affordability and security of natural gas supplies, according to Cedric Cremers, president of integrated gas. This raises the risk of tighter supplies and greater price volatility across global gas markets, posing sector-level downside for energy firms and potential cost pressures for gas-dependent consumers and industries.