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QatarEnergy signed a 20-year agreement to buy up to three million tonnes a year of LNG from Woodside Energy's Louisiana LNG project. The deal is part of Qatar's effort to hedge against ongoing Strait of Hormuz disruption and force majeure.
Shifting Qatari buying toward US supply increases US LNG export demand, while the Hormuz disruption continues to tighten global supply.
After 162 past geopolitics events, Natural Gas moved a median +2.2% over 5 sessions (61% higher; middle half -2.0% to +7.5%), and +4.1% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.