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Commodities

Gas markets price risk of prolonged Hormuz disruption

Natural-gas markets are shifting toward concern that blockages in the Strait of Hormuz could last longer and extend into the approach to winter, according to the Financial Times. The RSS item frames the issue as a change in market expectations but gives no current price, forecast range, affected benchmark or estimate of disrupted supply volumes.

Why it matters

A prolonged outage could raise heating, electricity and industrial costs during the northern winter.

Sources

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