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CommodityOilPrice.com

Asian LNG Prices Surge Past $30 as Middle East Shipping Risks Escalate

Liquefied natural gas prices on the Asian spot market topped $30 per million British thermal units for the first time since December 2022, Bloomberg reported earlier today. The price jump follows a report about a strike on an LNG tanker in the Gulf of Aden, off the Yemeni coast. The UK Maritime Trade Operations outlet reported an LNG carrier coming under attack in the Red Sea, from a small boat,…

ForexForexLive

What are the main events for today?

EUROPEAN SESSION In the European session, the main highlight was the UK employment report. The data beat expectations across the board and brought forward rate hike bets for the BoE. Tomorrow, we will get the UK CPI report which could strengthen expectations further in case the core figures come out hot. Looking ahead, we have the German ZEW survey which is expected to ease to 30.0 from 34.7 in…

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