Natural Gas (XNGUSD, NATGAS)
Long

Natural Gas plummets - Israel and Iran Peace

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Iran and Israel de escalation is causing nat gas to plummet.

Fear of the "Hormuz Strait" closing have slipped away!

Roughly 20% of global liquefied natural gas (LNG) trade flows through the Strait of Hormuz, primarily from Qatar (~9.3 Bcf/d) with smaller volumes from the UAE (~0.7 Bcf/d)

In 2024, approximately 83–84% of those LNG volumes were destined for Asian markets—China, India, South Korea

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