Nasdaq rises, Dow edges into the red as gas prices rocket

European gas inventories are below seasonal norms, making the continent particularly vulnerable to any prolonged interruption to Middle East supplies, as it will need to import large volumes of LNG over the summer to refill storage ahead of next winter.LNG tankers had already largely stopped transiting the Strait of Hormuz, the narrow waterway at the mouth of the Persian Gulf through which a significant share of global fuel flows, before the facility shutdown compounded the disruption.Ras Laffan supplies ar ...