Natural Gas Markets: Disruptions, Infrastructure, and Security

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Topic: Oil and Gas, and Three Questions Podcast Blog Brand: Energy World Region: Middle East Tags: Energy Security, Iran War, Liquefied Natural Gas (LNG), and Strait of Hormuz Natural Gas Markets: Disruptions, Infrastructure, and Security April 6, 2026 By: Menalaos ‘Mel’ Ydreos, and Paul J. Saunders

The shutdown of the Strait of Hormuz exposes global energy vulnerabilities that have triggered price shocks, food risks, and supply disruptions.

The closure of the Strait of Hormuz has abruptly severed a fifth of global oil and LNG supply. Beyond spiking energy prices, a supply chain shock of this magnitude will have cascading impacts across the entire global economy. The current crisis threatens to halt as much as 30 percent of global fertilizer production, for example, resulting in major food shortages. How can policymakers promote global energy resilience and mitigate future supply chain disruptions like the one in the Persian Gulf?

In this episode, Paul Saunders speaks with Mel Ydreos, Secretary General of the International Gas Union (IGU), a global trade association representing gas production, transmission, and distribution companies. Ydreos also serves as the Executive Director of Energy Vantage Inc. in Toronto, Canada. He launched Energy Vantage Inc. after a long career at Union Gas Ltd., where he held several executive positions. He served as interim president and CEO of the Ontario Energy Association from 2013 to 2014.

Listen now on Apple, Spotify, or wherever you get your podcasts.

About the Speakers: Mel Ydreos and Paul J. Saunders

Mel Ydreos is the secretary general of the International Gas Union, a professional association representing the global gas industry with more than 130 members in over 70 countries, covering over 90 percent of the global gas market.

Paul J. Saunders is president of the Center for the National Interest and publisher of The National Interest. His expertise spans US foreign and security policy, energy security and climate change, US-Russia relations and Russian foreign policy, and US relations with Japan and South Korea. Saunders is a senior advisor at the Energy Innovation Reform Project, where he served as president from 2019 to 2024. He has been a member of EIRP’s board of directors since 2013 and served as chairman from 2014 to 2019. At EIRP, Saunders has focused on the collision between great-power competition and the energy transition, including issues such as energy security, energy technology competition, and climate policy in a divided world. His recent projects at EIRP have included an assessment of Russia’s evolving role in the global energy system and a study of the linkages between China’s energy, climate, and national security policies.

The post Natural Gas Markets: Disruptions, Infrastructure, and Security appeared first on The National Interest.

Источник: nationalinterest.org