Why your electricity bill is vulnerable to energy supply shocks in the Middle East

Why your electricity bill is vulnerable to energy supply shocks in the Middle East

The war with Iran has sent supply shocks across global energy markets, and it’s affecting more than gasoline. The cost of electricity is also vulnerable to increases due to disruptions in the supply chain for liquefied natural gas (LNG).  About 20% of the world’s LNG supply is currently offline. Qatar is one of the top three LNG-exporting countries in the globe, and its supply has been cut off from the market as Iran continues to prevent ships f…