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7.7

Iran War Chokes Gulf LNG, India Gas Demand Falls 1.5M Tons

Wood Mackenzie reports India's gas demand dropped 1.5 million tons this year as the Iran war trapped Qatari and UAE LNG in the Persian Gulf, spiking spot prices and destroying demand across South Asia. The report reverses pre-war expectations of 7% demand growth, highlighting the war's supply-side shock on regional energy markets. Uncertainty remains over the duration of the Strait of Hormuz disruption and its full impact on global LNG flows.

OilPrice.comabout 5 hours agoIN, IR, QA, AEengCredibility 50%View source

Score Breakdown

Mosaic Score7.7
Model confidence0.5
Significance0.8
Source credibility0.5

Intelligence Tags

#lng#natural-gas#iran-war#india#supply-shock#strait-of-hormuz

Locations

Persian GulfStrait of Hormuz

Entities

countrycountrycountrycountryregionmarket
Source

Part of a situation

activeEnergy5m ago

Qatar — 9 developments

→ stable·6 signals·QA, IR, IN +10Score 5.6

Related signals

8 found