LNG Exports Plunge to 6-Month Low as War Throttles Supply

Worldwide LNG exports have plunged in the past week to a six-month low as Middle Eastern supply collapsed with the de facto closed Strait of Hormuz and the outage at the world’s biggest LNG complex in Qatar. Global LNG shipments have plunged to about 1.1 million tons over the 10-day moving average, down by 20% since the war began, a Bloomberg analysis of Kpler vessel-tracking data showed. Qatar is the primary driver of the lost LNG supply following the halt of production and exports. Supply is also lost from the United Arab Emirates…