According to Jin10, International Gas Union Secretary-General Menelaos Ydreos said the global gas market is gradually pricing in a supply squeeze that may last beyond winter because the Iran war has disrupted liquefied natural gas exports from the Gulf region and made it harder for Europe to replenish gas inventories. Europe is competing with Asia for LNG cargoes while trying to rebuild storage before winter, and market concerns remain over the conflict's impact on exports from Qatar, one of the world's largest LNG suppliers. Ydreos said forward gas prices show traders expect high prices and supply risks to persist until next summer before easing, a marked shift from expectations a few months ago that prices would fall after winter. The International Gas Union's members cover more than 90% of the global gas market. Ydreos said Europe has begun competing for Asian supply at higher prices because it needs to replenish inventory levels.