Middle East energy trading affected by geopolitics, demand for pipelines rises
2026-10-01 19:49:38
According to CoinMeta, the Middle East region is still in a state of chaos and conflict, with high prices for fuel and oil. Geopolitical factors have led to a partial freeze in energy trading activities. Potential sellers are demanding higher prices due to inflated valuations, while buyers are more cautious. Nevertheless, the demand for pipelines and midstream infrastructure remains strong, especially against the backdrop of rising demand for liquefied natural gas. Recently, Tulsa acquired Bravos Midstream assets in West Texas for $4.42 billion, Williams acquired Momentum Midstream for $5.5 billion, and Enbridge acquired crude oil assets from Tallgrass Energy for $2.55 billion.
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Source:Fortune
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