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Market Impact: 0.78
A $7 Billion Gas Bill Sees Developing Asian Nations Sour on LNG
Source: Bloomberg
Energy Markets & PricesGeopolitics & WarEmerging MarketsTrade Policy & Supply Chain
The US-Iran war has removed roughly one-fifth of global liquefied natural gas supply, sharply increasing energy costs for Asia's developing markets. The supply shock threatens regional energy security and is forcing governments and buyers to reassess LNG's viability as a long-term fuel source.
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