Natural Gas Prices in the US Rise More than 4% in General Energy News 03/03/2026 US natural gas futures climbed more than 4% on Monday, approaching $3 per MMBtu, as prices rebounded sharply from the September lows reached last week. The rally tracked broader gains across energy markets after the US and Israel carried out a series of attacks on Iran, prompting retaliatory strikes by Tehran against targets in the region. Tanker traffic through the Strait of Hormuz, a critical maritime chokepoint, largely stalled amid the escalating conflict, with no clear timeline for a return to normal and safe operations. Although Tehran maintains that the waterway remains open, several shipping companies have begun rerouting vessels away from the narrow passage as a precaution. The strait handles roughly 20% of global LNG trade, including significant exports from Qatar. Disruptions in the Strait of Hormuz could boost demand for US LNG, particularly as the domestic natural gas market is currently running at a 0.3% deficit compared with the five-year seasonal average. Source: Trading Economics 2026-03-03 hellenicshippingnews... window.___gcfg = {lang: 'en-US'}; (function(w, d, s) { function go(){ var js, fjs = d.getElementsByTagName(s)[0], load = function(url, id) { if (d.getElementById(id)) {return;} js = d.createElement(s); js.src = url; js.id = id; fjs.parentNode.insertBefore(js, fjs); }; load('//connect.facebook.net/en/all.js#xfbml=1', 'fbjssdk'); load('https://apis.google.com/js/plusone.js', 'gplus1js'); load('//platform.twitter.com/widgets.js', 'tweetjs'); } if (w.addEventListener) { w.addEventListener("load", go, false); } else if (w.attachEvent) { w.attachEvent("onload",go); } }(window, document, 'script')); tweet Share