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Shouchuang Futures: The Market's Marginal Response to Geopolitical Conflicts Has Diminished
After the massive South Pars gas field in Iran was attacked, Iran launched missile strikes on Ras Laffan, the world’s largest liquefied natural gas plant located in Qatar, causing widespread destruction. The Iranian Revolutionary Guard threatened to attack multiple energy facilities in the Middle East in retaliation for the Parsa gas field attack, which increased the risk of further disruptions to the region’s energy supply. In the short term, prices remain volatile at high levels, with no clear trend emerging for now. (First Capital Futures)