CNA938 Rewind - Iran war: The shockwaves reshaping global oil and gas
As tensions escalate in Iran, the global energy system is being stress-tested in real time. From chokepoints like the Strait of Hormuz to the fragile concentration of LNG infrastructure in hubs like Ras Laffan, this crisis is exposing just how rigid and vulnerable the oil and gas market really is. Andrea Heng and Hairianto Diman unpack what “market adjustment” actually looks like when long-term contracts can’t flex and why Europe may once again face an uncomfortable scramble for supply. For that, they speak with Pang Lu Ming, Vice President, Gas & LNG Research, Rystad Energy.