Top News for Natural Gas: 1.) US to guide vessels through Strait of Hormuz 2.) Chinese LNG imports (April) lowest since 2018 3.) Three Seas Initiative (3SI) announces investment in Eastern Europe 4.) US - LNG spring maintenance NG Stock Watch List Oil & Gas EMP Sector Market Cap 2-10B, short float over 10% BKV | CNX | CRGY | CRK | MGY | NOG

Source: NOAA/Climate Prediction Center This Week Natural gas markets remained volatile, driven by a mix of bearish storage data and supportive demand signals. EIA Storage Report: The latest build came in near expectations at +79 Bcf, following the prior week’s +103 Bcf injection, reinforcing a loose supply backdrop with inventories now well above the five-year average. Storage Surplus: Total inventories have expanded to ~2.1 Tcf, maintaining a meaningful cushion heading into