Asia Gas Prices Rise Near Highest in 2024 Amid Conflict Risk

Asian liquefied natural gas prices jumped to the highest level since early January amid anxiety that Israel's response to Iran’s attack over the weekend may spiral into a wider conflict. Asia gas prices rise near highest in 2024 amid conflict risk, according to the latest data.

Asian liquefied natural gas prices jumped to the highest level since early January amid anxiety that Israel's response to Iran’s attack over the weekend may spiral into a wider conflict. China tells Iran Cooperation Will Last after attack on Israel; Iran says cooperation will last after attack.

European natural gas prices fluctuated near the highest level in two weeks amid signs that vessels with the fuel are favoring other markets. LNG is being diverted to Asia, according to analysts. European gas prices have been fluctuating in recent weeks as the fuel is traded in Asia.