EnergyHighCorroboratingAccelerating
9.5
Oil and European gas prices surge toward multi-year highs on Middle East tensions and low inventories
OilPrice.com·US · YE · IR·about 6 hours ago
Pakistan has launched a third bidding round for a September LNG cargo after two prior attempts failed because the government balked at elevated prices. The repeated failures signal acute price sensitivity and potential supply shortfalls, though the outcome of this round remains uncertain.