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19.03.202616:33:12UTC+00US Natgas Prices Rises on Ras Laffan Attack

US natural gas futures climbed more than 2.5% to around $3.144 per MMBtu, rebounding from earlier-week losses after Iran launched attacks on key energy infrastructure across the Middle East, heightening supply concerns. Tehran fired missiles at Qatar’s Ras Laffan Industrial City — home to the world’s largest LNG export terminal — in one of several energy facilities it vowed to hit following an Israeli strike on Iran’s South Pars gas field. In Abu Dhabi, operations at the Habshan gas facilities were suspended after intercepted missiles caused debris to fall in the area, while LNG infrastructure in Bahrain was reportedly targeted by heavy missile barrages. At the same time, the EIA reported a 35 billion cubic feet build in natural gas inventories in its latest weekly release, indicating that heating demand is beginning to ease as the winter season winds down.

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