Asian natural gas prices are rallying on fears that Russia will slash supply again and worsen a global fuel shortage. The North Asia liquefied natural gas benchmark jumped 12% Friday, and is trading near the highest level since Russia‚Äôs war in Ukraine upended the global market, according to data from S&P Global. Prices have room to rally further as several Asian importers are desperate for supply through the rest of the year. The natural gas market is on edge after Russia threatened to curb supply to Europe as soon as this week, only days after the restart of the crucial Nord Stream pipeline. LNG buyers in Japan and South Korea need to secure supply to refill inventories before winter, and are starting to outbid rivals in Europe. President Vladimir Putin has warned shipments via the Nord Stream pipeline could drop to 20% of capacity, from a current rate of […]