Roughly 20% of global liquefied natural gas flows through the Strait.

TAIPEI, March 10 (Reuters) - Taiwan's government said on Tuesday that its natural gas imports from the United States will increase from June as it has signed new supply contracts, adding that it was working to address the disruption caused by the war in the Middle East.

Prices for liquefied natural gas have shot up in recent days, which could bring bigger profits for European and U.S. energy companies.

And it’s only Day 3. U.S. President Donald Trump has said he intends for the bombardment of Iran to continue for the next four to five weeks. The world currently has an oversupply of oil and gas, but a prolonged conflict would reshape energy markets.

Geopolitical concerns have upended oil markets, which is why these two energy stocks might be your best bets.

Trump’s restoration of American energy dominance is reversing that damage. He has ended wasteful green subsidies that benefited China and wealthy electric vehicle buyers. He has reopened land for oil and gas exploration, lifted the cap on liquefied natural gas exports and supported a renewed role for coal in ensuring a dependable energy mix.

By Marco Aquino LIMA, March 5 (Reuters) - Peru suspended natural gas exports as it grapples with its worst energy crisis in two decades following a pipeline rupture at the country's largest gas field,