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Breaking Posted 5 hours ago

Global gas demand faces first annual drop since 2022

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The International Energy Agency projects global gas demand will fall for the first time since 2022, driven by higher prices stemming from Iran-related geopolitical tensions. Energy supply shocks typically strengthen safe-haven currencies like JPY and CHF while pressuring commodity-linked currencies including AUD, CAD, and NOK, as traders reassess growth and inflation expectations.
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@asuquokelvin · 4 hours ago

High energy prices don't always help energy markets. When gas gets too expensive, demand starts disappearing and markets quickly start worrying about growth.

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