US natural gas futures rise above $3.20 on Gulf LNG disruption

US natural gas futures traded above $3.20/MMBtu on March 12, 2026, the highest level in over a month. The rise was attributed to disruption of Persian Gulf LNG shipments, which raised foreign demand for US cargoes. The gain was small next to the European move, showing how little of the global shock reached Henry Hub at that point.

• US gas futures above $3.20/MMBtu, a one-month high
• Driver: Gulf LNG disruption raised foreign demand for US LNG
• Gain was small compared with the European spike