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The IEA's Q3 Gas Market Report forecasts global natural gas demand will fall 0.5% this year, mainly from lower use in power and industry. Tighter supply and high prices from the Middle East war are the main drivers, partly offset by LNG from other regions.
Traffic through the Strait of Hormuz has recovered since mid-June but remains well below pre-conflict levels.
Lower demand is being outweighed by constrained LNG supply, which keeps gas and fertilizer-linked input costs elevated for feed producers. Uncertainty over Hormuz flows keeps upside price risk in place.
iea.org7 jul 2026Tras 136 eventos alcista de geopolítica pasados, Gas natural se movió una mediana de +2,7 % en 5 sesiones (63% al alza; mitad central entre -1,8 % y +8,8 %), y +4,0 % en 20.
Variaciones de la referencia de cada materia prima desde el último cierre antes del evento. Las lecturas históricas agrupan eventos pasados del mismo tipo; describen lo ocurrido, no lo que ocurrirá. No es asesoramiento de inversión.
