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Market Impact: 0.55

Gas Demand Set for First Drop Since 2022 on Iran War, IEA Says

Energy Markets & PricesGeopolitics & WarCommodities & Raw Materials

The International Energy Agency projects global gas demand to fall for the first time annually since the 2022 energy crisis, driven by higher gas prices attributed to the Iran war. The expected demand decline signals a meaningful risk to gas market balances and could pressure energy equities and supply-demand expectations.

Analysis

The International Energy Agency projects global gas demand to fall for the first time annually since the 2022 energy crisis, driven by higher gas prices attributed to the Iran war. The expected demand decline signals a meaningful risk to gas market balances and could pressure energy equities and supply-demand expectations.

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