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Destroying middleeast benefit US economy

syed putra

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Shutting off middle east lng benefit inshoring of european and japanese/korean manufacturers to the US far more effective than tariffs.


Money

While Asia and Europe scramble for natural gas, the US glut has nowhere to go​

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The war with Iran has sent global LNG prices soaring while US gas remains trapped by full pipelines and export limits. — Reuters

The war with Iran has sent global LNG prices soaring while US gas remains trapped by full pipelines and export limits. — Reuters
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Saturday, 02 May 2026 9:00 PM MYT
  • US gas prices hit 17-month low due to oversupply, low demand from mild spring
  • Global gas prices surge as Middle East exports disrupted, US LNG exports mostly maxed out
  • US LNG firms benefit from global shortages, ‌but domestic producers face low prices and output cuts
WASHINGTON, May 2 — The war with Iran has boosted prices of globally traded natural gas by throttling exports from the Gulf. In West Texas, gas is so abundant that some producers must pay to have it taken away.
 
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