US Natgas Prices Rises on Ras Laffan Attack

US natural gas futures fell to around $3.10 per MMBtu, giving back gains from the previous session, tracking a broader decline in energy commodities, following signals that the US may soon lift sanctions on Iranian oil at sea to ease price pressures. Treasury Secretary Scott Bessent said the move could release roughly 140 million barrels, helping to stabilize prices over the next 10–14 days. Simultaneously, President Donald Trump stated that the US has no plans to deploy ground troops, while Benjamin Netanyahu indicated that Israel would hold off on further strikes against Iranian energy infrastructure, easing concerns after the largest day of attacks on energy assets since the conflict began, including severe damage to the world’s biggest LNG plant in Qatar. Meanwhile, the EIA’s latest weekly report showed a 35 billion cubic feet increase in storage, suggesting that heating demand is starting to ease as winter winds down.

US natural gas futures rose more than 2.5% to around $3.144 per MMBtu, reversing losses from earlier in the week after Iran launched attacks on key energy infrastructure across the Middle East, intensifying supply concerns. Iran carried out missile strikes on Qatar’s Ras Laffan Industrial City, a complex housing the world’s largest LNG export plant, marking one of several energy assets Tehran pledged to target following an Israeli strike on Iran’s South Pars gas field. Abu Dhabi also suspended operations at its Habshan gas facilities after intercepted missiles caused falling debris, while LNG assets in Bahrain were reportedly struck by heavy missile barrages. Meanwhile, the EIA reported a 35 billion cubic feet storage increase in its latest weekly data, signaling that heating demand is starting to ease as the winter season draws to a close.

US natural gas futures jumped about 5% to around $3.2 per MMBtu, reversing losses from earlier in the week after Iran launched attacks on key energy infrastructure across the Middle East, intensifying supply concerns. Iran carried out missile strikes on Qatar’s Ras Laffan Industrial City, a complex housing the world’s largest LNG export plant, marking one of several energy assets Tehran pledged to target following an Israeli strike on Iran’s South Pars gas field. Abu Dhabi also suspended operations at its Habshan gas facilities after intercepted missiles caused falling debris, while LNG assets in Bahrain were reportedly struck by heavy missile barrages. Meanwhile, the EIA reported a 38 billion cubic feet storage withdrawal in its latest weekly data, smaller than the 42 Bcf draw expected, signaling that heating demand is starting to ease as the winter season draws to a close.