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Stock impact report

Middle East Escalation Leaves Significant Upside For Oil And Gas Markets [Seeking Alpha]

TotalEnergies SE Ordinary Shares (TTE) 
Company Research Source: Seeking Alpha
Global LNG markets are also facing significant supply risks due to this weekend's action. Sunshine Seeds/iStock via Getty Images By Warren Patterson , Head of Commodities Strategy US strikes come sooner than expected, while Iran responds aggressively While action taken by the US and Israel against Iran this weekend may not be a complete This article was written by Quick Insights A sustained closure could drive Brent toward $100–140/bbl and spike European gas and Asian LNG prices, given the strait's role in 20% of global LNG and major oil flows. SPR releases provide only temporary relief, and most OPEC+ spare capacity is in the Persian Gulf, so blockades would limit their effectiveness in offsetting supply disruptions. US shale requires 6–12 months to ramp up, and new LNG capacity coming online this year is insufficient to offset immediate losses from Qatar or UAE, leaving markets exposed. Show less Read more
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