FX.co ★ Natural Gas Rises More Than 1%

Natural gas prices climbed to 2.91 USD/MMBtu on March 1, 2026, an increase of 1.73% from the previous day, as the war in the Middle East raised concerns over global LNG supplies. Markets are closely watching the potential for disruptions in the Strait of Hormuz, a critical chokepoint that accounts for 20% of global LNG trade, including exports from Qatar. Although Tehran maintains that the strait remains open, shipping companies have already begun rerouting vessels away from the narrow passage.