Financial Ports

LNG Prices Plummet as Strait of Hormuz Crisis Eases: Who Wins?

CLAVE 1 / 4LNG prices have fallen from year-long highs despite no resolution in the Strait of Hormuz crisis.

CLAVE 2 / 4Only 20% of pre-war LNG volumes are currently transiting the Strait, brokers estimate.

CLAVE 3 / 4Increased production in Canada, the US, and Malaysia is filling the supply gap.

CLAVE 4 / 4India’s storage facilities are nearing capacity, with some stock being sold off.

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