Israel ordered Chevron to shut down a major natural gas field, which could send prices spiking further just before winter

• Israel told Chevron to shut down a major natural gas field, and it's threatening to further spike prices of the fuel.
• The world's natural gas market has already been rocked by the war in Ukraine and threats of a strike in Australia.
• Some Israeli gas from Tamar is exported to Egypt, which processes the fuel into LNG that's exported to the EU.

Brace for bad news ahead of winter: Natural gas prices could spike as energy giant Chevron halted operations at a major Israeli gas field following orders from authorities.