IEA says global gas demand will fall 0.5% in 2026 amid Middle East disruption
PARIS, 7th July, 2026 (WAM) -- World's gas consumption is forecast to drop for the third time in seven years, even as LNG supply from producers in other regions helps offset losses in the Middle East.The impacts of the war in the Middle East continue to reshape the global natural gas market, with tighter supply and elevated prices weighing on demand in key markets, according to the IEA's latest quarterly market report.Global gas demand is expected to decline by 0.5% this year, the report forecasts, due primarily to lower gas use in the power and industrial sectors. This would mark... [Continue Reading]
Breaking-360LiveNews | 07 Jul 2026 20:30 LONDON
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