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The Wall Street Journal, citing an International Energy Agency assessment, reports that the Iran war threatens a record annual decline in global liquefied natural gas supply. Lufthansa has lowered the upper end of its annual profit forecast, citing higher fuel costs; a separate report says U.S. and Canadian gas consumers are less exposed to the crisis.
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Tighter global gas supplies could intensify competition among importers, while higher fuel costs are affecting airlines such as Lufthansa. The Japan Times says U.S. and Canadian natural-gas consumers are buffered by shale production and geography, though the articles do not quantify effects on U.S. households or businesses.