Data released by Wood Mackenzie shows the Middle East conflict disrupted 80 million tpy of Gulf LNG exports, yet power markets absorbed the shock through fuel diversification.
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Middle East conflict drives LNG supply disruption and delays market rebalancing
The Middle East conflict already caused a cumulative loss of 120 bcm of LNG supply over the 2026-30 period, altering the medium-term outlook in addition to the short-term supply disruption. LNG exports from Qatar and Read more