Sept LNG Shipments Through Hormuz Hit Post-War High Amid US-Iran Tensions

Data shows 19-21 LNG cargoes transited the Strait of Hormuz in September, the highest since the US-Iran war began, up from 15 in June. This critical waterway, which handles a fifth of global crude and LNG, saw increased activity from Qatar and UAE despite persistent security worries. Continued stability hinges on geopolitical developments and potential Iranian responses to perceived loss of leverage. This geopolitical stability in a key energy transit route could influence global energy prices, potentially impacting inflation and the attractiveness of safe-haven assets like gold, and affecting Pakistan's import costs and PKR.

بحوالہ / Source: www.brecorder.com