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Strait of Hormuz Conflict Stalls Persian Gulf LNG Exports, S&P Global Says

Strait of Hormuz Conflict Stalls Persian Gulf LNG Exports, S&P Global Says

LNG transits through the Strait of Hormuz dropped from almost 0.8 cargoes daily in late June to only 0.2 by July 15, vessel tracking data shows. A renewed escalation in the US-Iran conflict is sharply reducing liquefied natural gas (LNG) exports from the Persian Gulf, according to new analysis from global energy analytics firm S&P...