NATGAS retreated below $9 at one point in response to news of an explosion at the infrastructure of Freeport, an LNG export company. If the news turns out to be true, there could be a 2 bcfd gas export halt, which would mean a significant overbuild in the stock in the near term. Other rumors include tomorrow's inventory report, which would see a triple-digit inventory overbuild, or the potential imposition of an additional tax on traders in the US gas market. Nevertheless, the most likely driver of the gas price is the breakout indicated at the outset.

From a longer-term perspective, however, today's pullback seems minor. Source: xStation5
Economic Calendar: A snapshot of US economy after 3 months of war (28.05.2026)
Morning Wrap: Iran strikes back 💥 Indices and metals plunge on retaliation 📉 (28.05.2026)
Daily Summary – Oil Slides Along with Indices Despite Illusory Hopes for Peace
BREAKING: Indices retreat as White House rejects Iran deal