This Week's Main Drivers: Natural gas and LNG markets navigated a mix of bullish supply disruptions and easing geopolitical risks this week. The biggest headline came from the Middle East as Iran-related negotiations moved toward a tentative agreement and shipping traffic through the Strait of Hormuz resumed normal operations after recent disruptions. The reduced geopolitical risk premium weighed on global gas prices. In the U.S., LNG demand strengthened as Golden Pass LNG co

Source: Mexico Pacific LNG North America is in the midst of the largest LNG infrastructure expansion in its history. More than 20 Bcf/d of new export capacity is under construction or advancing toward final investment decisions across the United States, Canada, and Mexico. Yet the story isn't simply about new liquefaction trains. It's about execution. Projects that were once expected to arrive in 2025 and early 2026 are increasingly shifting into late 2026 and 2027 as develop

Source: EIA This Week Global LNG markets remained highly geopolitical this week as traders assessed whether the Iran conflict has truly ended — and who ultimately controls regional security going forward. The reopening of the Strait of Hormuz became a central focus, with ADNOC successfully moving a second LNG tanker through the corridor, helping calm immediate supply fears while raising new questions around future pipeline and export infrastructure investments designed to byp

Source: NOAA/Climate Prediction Center This Week Natural gas markets remained volatile, driven by a mix of bearish storage data and supportive demand signals. EIA Storage Report: The latest build came in near expectations at +79 Bcf, following the prior week’s +103 Bcf injection, reinforcing a loose supply backdrop with inventories now well above the five-year average. Storage Surplus: Total inventories have expanded to ~2.1 Tcf, maintaining a meaningful cushion heading into