Europe’s Gas Crisis Just Repriced 8 Of My 12 Positions – The Merchant’s News

Europe is staring down a structural gas deficit heading into the critical summer refill season. Storage levels sit near historic lows, Russian pipeline flows have all but vanished, and Middle East LNG supply disruptions (triggered by the ongoing Strait of Hormuz constraints since late February) have forced buyers to scramble for every available cargo—primarily from […]

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Iran Creates a Persian Gulf Control Zone Including the UAE Exit Ports

In a significant escalation of its maritime posture, Iran has formally established a “controlled maritime zone” in the Strait of Hormuz through its newly created Persian Gulf Strait Authority (PGSA). The authority—widely understood to operate under the Islamic Revolutionary Guard Corps (IRGC)—has published an official map and set up a social media presence to assert […]

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