Europe, Asia LNG prices climb on Hormuz closure

Jack Burke Senior Editor, Compressor Tech2

April 28, 2026

Disruption causing sharp divergence in global pricing

Disruption to LNG flows through the Strait of Hormuz has driven a sharp divergence in global natural gas pricing, lifting benchmark gas prices in Europe and Asia while leaving U.S. prices relatively insulated due to limited near-term export flexibility and ample domestic supply. U.S. Energy Information Administration (EIA) data show…

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Jack Burke Senior Editor Tel: +1 262 527 0815 E-mail: [email protected]
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