Qatar pauses LNG shipments at Strait of Hormuz – ING
Source Fxstreet
Tensions in the Middle East continued to disrupt energy logistics as Qatar instructed LNG vessels to delay entering the Strait of Hormuz, ING's commodity experts Ewa Manthey and Warren Patterson note.
Global LNG market is at risk
"On Tuesday, Qatar asked LNG vessels to wait outside the Strait until they were ready to load amid the escalating tensions. Qatar is the third-largest exporter of LNG, making up around 20% of global trade. And all this supply must move through the Strait."
"The global LNG market is balanced now, but any disruptions would push it into deficit and increase competition between Asian and European buyers."
Disclaimer: For information purposes only. Past performance is not indicative of future results.
Recommended Articles
As the Bitcoin market continues to mature, its 2025 outlook appears highly favourable, driven by institutional adoption and regulatory developments.
Solana Price Forecast: SOL flashes bearish signals, risks double-digit crashSolana (SOL) price shows early signs of a potential breakdown as it trades lower at $165.40 on Monday. SOL is approaching a key support level that could determine its next major move. Technical indicators flash red, and bearish sentiment intensifies, with short positions hitting a monthly high.
Solana (SOL) price shows early signs of a potential breakdown as it trades lower at $165.40 on Monday. SOL is approaching a key support level that could determine its next major move. Technical indicators flash red, and bearish sentiment intensifies, with short positions hitting a monthly high.
Ethereum price found support at $2,460 and started a fresh increase. ETH is now struggling and might drop again below the $2,500 support.
Dogecoin Follows Bearish June Trend With over 4% Losses – Is The Worst Over?The month of June has been historically bearish for the Dogecoin price, and so far, June 2025 is following the same trend. With just a little over a week into the month, the Dogecoin price has already seen a decline of over 4%, suggesting it is sticking to the established trend. If this is the […]
The month of June has been historically bearish for the Dogecoin price, and so far, June 2025 is following the same trend. With just a little over a week into the month, the Dogecoin price has already seen a decline of over 4%, suggesting it is sticking to the established trend. If this is the […]
The Pound Sterling (GBP) trades in a limited range around 1.3565 against the US Dollar (USD) during European trading hours on Tuesday.
