Feb. 28 at 4:20 PM
$VG Hormuz Strait closed. Expecting huge boost to LNG prices.
Expected reaction…Immediate spike from pure fear/risk premium, short disruption (days to a week): TTF and JKM could jump 30–100%+ on open.
If it were to drag on, then TTF could hit
$80 to 100, but I assume the IGRC will be completely wiped out sooner rather than later, but we see what happens.