The Iranian war forced Pakistan and Bangladesh to buy at high prices. Gas

Pakistan and Bangladesh had been forced to purchase the most expensive liquefied natural gas in many years, owing to supply constraints caused by the Middle East conflict. According to informed traders, the Pakistan National Liquefied Natural Gas Company purchased a shipment of goods on Monday at a price of approximately $21.88 per million British thermal unit, the highest price since 2022. At the same time, national buyers in Bangladesh purchased at least a shipment of August goods at a higher price last week, which was about twice the price of their long-term supply from Qatar。