08/05/2026 – EU Trade Agreement: Trump Threatens New Tariffs If Signature Doesn’t Come by July 4 – Read More News

GAS & POWER: New tensions are stirring up commodity markets this morning. During the night, clashes resumed in the Strait of Hormuz between the United States and Iran, with the US Central Command announcing that it had responded to an unjustified attack by Tehran's military forces. President Trump later downplayed the incident, confirming the ceasefire in place, but again pushed for the swift signing of a more lasting peace agreement. On the Iranian side, an official response remains pending following the latest proposal presented by the White House.

Golden Pass LNG is preparing to load its second export cargo: the HL SEA EAGLE LNG carrier is docked near the terminal and being loaded this morning. The first cargo, loaded by AL QAIYYAH on 22 April, arrived at its destination today at the Zeebrugge terminal in Belgium. The pace of approximately one cargo train every two weeks reflects the ramp phase of the first production train, with Train 2 expected by the end of the year and Train 3 in the first half of 2027