Gas Demand Set for First Drop Since 2022 on Iran War, IEA Says
AI Summary
Global natural gas demand is expected to decline for the first time since 2022 due to higher prices driven by the conflict involving Iran. The International Energy Agency highlighted the impact of geopolitical tensions on the energy market. This marks a significant shift in global energy consumption patterns.
Global gas demand is poised for the first annual drop since the 2022 energy crisis because of higher prices caused by the Iran war, according to the International Energy Agency.
Politics Markets Commodities Energy gas demand Iran war energy prices International Energy Agency global energy natural gas