US Natural Gas Market Shielded From Global Price Shocks During Iran War
Airfind news item
By John Haughey
Published on March 24, 2026.
The Iranian strike that destroyed Qatari LNG infrastructure, which met 20 percent of the world's demand, could lead to increases in energy costs for East Asia. The closure of the Strait of Hormuz and the partial destruction of Qatar's LPG infrastructure will have a significant global impact, primarily in East Asia, but won't affect North American natural gas prices. The price of natural gas in the United States has not been affected by this, as the domestic market is protected from international price spikes.
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