
Pakistan reportedly negotiated with Iran for safe passage of the LNG carrier Al Mayeda before the ship was attacked near the Strait of Hormuz on Friday. The report cites people with direct knowledge of the matter.
Attacks on LNG shipping in Hormuz deepen supply risk for Asian and European gas buyers and reinforce the broader energy-cost pressure on fertiliser and feed inputs.
After 136 past bullish geopolitics events, Natural Gas moved a median +2.7% over 5 sessions (63% higher; middle half -1.8% to +8.8%), and +4.0% over 20.
After 656 past bullish geopolitics events, Crude Oil (Brent) moved a median +1.9% over 5 sessions (63% higher; middle half -2.7% to +6.6%), and +0.7% 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.