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المشهد العربي
Gira's leader foresees Hormuz unrest and gas shortages
The president of the Japanese company "Jira," Yuji Kani, expects continued disruptions to navigation in the Strait of Hormuz, which will lead to a decline in global gas supplies—especially after the region once supplied about a fifth of the world's supply before the outbreak of conflict in the Middle East. He stated that Qatari liquefied natural gas shipments are unlikely to return to markets soon, and spot gas prices have doubled compared to last year, driven by concerns as winter approaches, following supply disruptions from Qatar that have pushed prices to their highest level since late 2022.
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