As a polar vortex grips the United States, natural gas (NGG25) prices are surging, reflecting the market's response to the prospect of the coldest January in over a decade. Natural gas prices have risen 4% this week, and futures briefly surpassed $4 per million British thermal units, driven by fears of plummeting temperatures and potential supply disruptions.
Analysts warn that the severe cold could not only stoke record demand but also freeze critical infrastructure, tightening supplies further.
