Attack on Khor Mor Gas Field in Iraq: 2,800 Megawatt Loss in Electricity Generation Expected
📊 NATGAS — Piyasa Yorumu
▲ up · 55%An attack on a natural gas field in Iraq and the expectation of a 2,800 MW loss in electricity generation could heighten regional supply concerns and create short-term upward pressure on natural gas prices. Technical indicators support this outlook: the price is above the SMA20 and SMA50, the RSI at 59.7 is in neutral-to-positive territory, and the MACD is above its signal line. However, the impact may remain limited because Iraq's share of global gas supply is relatively small and the news amounts to a geopolitical risk premium. A moderate upward bias is possible over a 1-3 day horizon, but a sustained rally would require confirmation of broader supply disruptions. Confidence should be kept at a moderate level.