# Middle East crisis disrupts international natural gas markets and delays global LNG supply wave - IEA

> The IEA's quarterly gas report says the Middle East crisis has removed close to 20% of global LNG supply from the market since March, with Strait of Hormuz shipping disrupted. Gas prices in Asia and Europe reached their highest since January 2023, and the expected wave of new LNG supply is being pushed back.

- Date: 2026-04-24 · published 2026-04-24T12:00:00.000Z
- Category: geopolitics · region Global · magnitude medium
- Page: https://feedsoft.ai/events/19907-middle-east-crisis-disrupts-international-natural-gas-markets-and-delays-global
- Commodities: [Natural Gas](https://feedsoft.ai/c/NATGAS.md)

## Why it matters

Losing a fifth of LNG supply tightens global gas balances and raises energy costs for fertilizer and feed processing, which supports nitrogen and energy-linked feed input prices.

## Read by commodity

- NATGAS: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| NATGAS | 2026-03-03 | [Natural gas, LNG prices soar on Middle East supply fears](https://feedsoft.ai/events/20365-natural-gas-lng-prices-soar-on-middle-east-supply-fears.md) | +7.0% | -3.1% |
| NATGAS | 2023-11-03 | [Natural gas, LNG markets clutch onto risk premium despite ample supply](https://feedsoft.ai/events/6391-natural-gas-lng-markets-clutch-onto-risk-premium-despite-ample-supply.md) | -12.8% | -15.7% |
| NATGAS | 2026-04-01 | [How the Iran War Is Disrupting Global Oil and Gas Supply](https://feedsoft.ai/events/20364-how-the-iran-war-is-disrupting-global-oil-and-gas-supply.md) | -4.5% | -9.0% |
| NATGAS | 2026-03-01 | [Oil and gas prices surge as Iran war disrupts Middle Eastern output \| Reuters](https://feedsoft.ai/events/5228-oil-and-gas-prices-surge-as-iran-war-disrupts-middle-eastern-output-reuters.md) | +7.5% | +4.0% |
| NATGAS | 2026-03-03 | [Global oil and gas prices soar as Iran crisis disrupts shipping, production \| Reuters](https://feedsoft.ai/events/8777-global-oil-and-gas-prices-soar-as-iran-crisis-disrupts-shipping-production.md) | +7.0% | -3.1% |

## Sources

- iea.org: https://www.iea.org/news/middle-east-crisis-disrupts-international-natural-gas-markets-and-delays-global-lng-supply-wave

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.