... are also record-breaking: in June alone, European companies injected about 12.4 billion cubic meters, marking the highest monthly volume in the past three years. This was facilitated by a mild winter, decreased demand, and high liquefied natural gas (LNG) supplies. In June, around 12 billion cubic meters of LNG arrived on the European market, mainly from the U.S., Qatar, and other exporters, which is also a record for a summer month. Thanks to high reserves and diversification of supply, gas prices ...

... lanes are just 3 km wide in each direction, rendering passing vessels susceptible to mines, missile strikes, artillery fire, and interception via boats and helicopters, notes Bloomberg. The strait is crucial for global oil and liquefied natural gas (LNG) trade. According to Bloomberg, in 2024, approximately 16.5 million barrels of oil per day, or 26% of global supplies, were transported through the strait from Saudi Arabia, Iraq, Kuwait, the UAE, and Iran. Furthermore, nearly one-fifth of the world's ...

... shipments. Thus far, there are no major issues with exporting Russian diesel. However, energy expert Kirill Rodionov notes potential medium-term risks for Russian diesel exporters, particularly due to China’s increased use of liquefied natural gas (LNG) for heavy road transport. From January to May 2024, sales of LNG-powered heavy trucks in China rose by 127% year-on-year to 92,600 units. The share of LNG-powered trucks in the total heavy truck market grew from 10.1% to 21.4% over the same period....

... injection is also at record levels: in June alone, European companies injected around 12.4 billion cubic meters, the highest monthly volume in the past three years. This has been aided by a mild winter, decreased demand, and high liquefied natural gas (LNG) supplies—around 12 billion cubic meters in June, mainly from the U.S., Qatar, and other exporters—which is also a record for summer months. Thanks to high supplies and diversified sources, gas prices in Europe have remained relatively stable ...

... setting records: in June alone, European companies injected approximately 12.4 billion cubic meters, the highest monthly volume in the past three years. This has been supported by a mild winter and reduced demand, alongside high liquefied natural gas (LNG) deliveries—around 12 billion cubic meters in June (mainly from the U.S., Qatar, and other exporters), which is also a record for a summer month. Thanks to high reserves and diversified supply, gas prices in Europe are remaining relatively stable ...