Gulf Gas Crunch Triggers Coal Rebound
TL;DR Summary
A deepening conflict in the Persian Gulf has disrupted oil and gas markets and prompted Europe and Asia to turn back to coal as a readily available substitute amid a fresh gas supply crunch, with Asia’s LNG importers—Japan, South Korea and Taiwan—leading the expected rise in coal demand.
- Iran War’s Gas Supply Shock Pushes Top Consumers Back to Coal Bloomberg.com
- Coal is back and nuclear is next: The Iran war is rewiring Asia’s energy future Fortune
- Japan to relax rules from April to boost coal-fired power amid LNG import risks Reuters
- Asia boosts coal use as Iran war squeezes global LNG supplies NPR
- Iran war fuels global coal rush Semafor
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