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European natural gas prices plunged by 8.6% and Brent Crude oil prices dropped to $90 per barrel on Monday, driven by an easing of geopolitical tensions between the United States and Iran, signaling a de-escalation of hostilities in the Middle East.

An attack on a cargo ship in the Strait of Hormuz has led to an increase in European natural gas prices, as traders price in renewed fears over the security and safe passage through this critical global energy shipping choke point.

China, the world's largest LNG buyer, significantly increased its liquefied natural gas imports in May, reversing a prior decline.

European natural gas prices edged lower following reports of a tanker attack, which cast doubt on a US plan to guide neutral ships through the critical Strait of Hormuz, signaling potential disruptions to energy supply routes.

A potential closure of the Strait of Hormuz could have a significant impact on the global liquefied natural gas (LNG) market, with 20% of global LNG flows potentially being disrupted.

European gas prices surged 30% due to the ongoing Middle East war, disrupting seaborne supplies and impacting energy markets.

A Qatar LNG outage is expected to eliminate the 2026 supply surplus, according to Morgan Stanley, potentially impacting global energy markets.

A new gas crisis is looming over Europe due to low gas storage levels, high benchmark gas prices, and the shutdown of the world's largest LNG production facility, indicating a potential recipe for disaster.

Europe's natural gas prices are expected to surge by 50% this week, the largest weekly gain in three years, due to the Middle East war cutting off 20% of global LNG supply.

European gas prices are expected to see a significant increase this week, driven by the ongoing war in the Middle East and its impact on global gas flows.

China plans to boost its strategic oil reserves and expand storage capacity under its five-year development plan, aiming to increase domestic natural gas production and maintain crude oil output.

The euro is experiencing a decline due to rising energy prices, which highlights Europe's vulnerability to energy shocks and its impact on trade balance and currency value.