LNG market faces prolonged Hormuz outage, prices surge

Mitsui OSK Lines, a top Japanese shipping firm, reported on 2026-09-16 that liquefied natural gas shipments through the Strait of Hormuz face extended disruption. Asian spot LNG prices have reached their highest level since 2022.

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LNG Market Faces Extended Hormuz Outage, Japanese Shipper Says

rss:bloomberg-marketsus_mainstream13d ago wire ×2 kagi ↗

Mitsui OSK Lines Ltd., a top Japanese shipping firm, doesn’t expect LNG shipments through the Strait of Hormuz to resume soon, signaling a prolonged disruption that could keep prices elevated and curb demand across Asia.