Rob Thummel, senior portfolio manager at Tortoise Capital, believes natural gas (NG1:COM) presents a stronger investment opportunity than oil despite crude prices (CO1:COM) hitting their highest levels since 2022.

And it’s only Day 3. U.S. President Donald Trump has said he intends for the bombardment of Iran to continue for the next four to five weeks. The world currently has an oversupply of oil and gas, but a prolonged conflict would reshape energy markets.

Oil near $100 rattles global markets as Strait of Hormuz disruption fuels inflation fears. Energy volatility raises new questions for natural gas futures outlook.

Charles Bobrinskoy, vice chairman and head of the investment group at Ariel Investments, believes oil (CL1:COM), (CO1:COM) and gas (NG1:COM) demand will continue to grow modestly over the long term, even as the market prices in a decline due to the electric vehicle transition.

Gasoline still drives household budgets, but energy efficiency and renewables have reduced the economy’s overall reliance on petroleum.

Investors across the world are keenly focused on the Strait of Hormuz, a narrow waterway between Iran and Oman that separates the world’s biggest oil and natural gas producers from their customers. The strait carries one-fifth of the world’s oil and a significant amount of natural gas.

Global energy trade is in turmoil as war around the Persian Gulf chokes off oil and natural gas shipments, causing prices to soar. Asia is the most exposed since it relies heavily on imported fuel, much of it shipped through the Strait of Hormuz,

A coalition of climate advocacy organizations filed a lawsuit Monday against the New Mexico Energy, Minerals and Natural Resources Department accusing it of endangering residents’ health by failing