Chinese Demand Destruction Is Key to Calming Global LNG Prices
Years of planning helped Beijing to cut imports, freeing up more fuel for other markets.
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Welcome to our guide to the commodities driving the global economy. Today, Asia Energy Team Leader Stephen Stapczynski looks at China’s role in keeping a lid on natural gas prices during the Iran war.
Hopes for a quick reopening of the Strait of Hormuz are fading fast, sending oil to wartime highs. Natural gas prices, however, remain relatively calm.