According to CoinMeta, Goldman Sachs stated that the export of liquefied natural gas (LNG) from the Persian Gulf is recovering slowly, and European natural gas prices remaining at 65 euros per megawatt-hour are not sufficient to effectively manage winter inventories. If the exports through the Strait of Hormuz do not improve, European natural gas prices will need to rise further to curb Asian demand and allow more goods to be shipped to Europe. Goldman Sachs estimates that if Middle Eastern energy exports do not gradually return to normal by 2027, the price of natural gas delivered in December 2026 could rise to over 100 euros per megawatt-hour, which is 110% higher than the baseline scenario.