Energy shock: Asia hammered
The crisis sent oil to about $118–119/barrel and gas to €70/MWh, with analysts saying a Strait closure could cut global LNG export capacity ~17% for 3–5 years — Asian crude jumped above $160 while U.S. crude traded near $94 and Brent around $107–108. (youtube.com)
I can expand this properly, but I need to run live web searches to pull names, numbers and sourced context — may I proceed to search current reporting and analyst notes now?
