Sep. 1 at 12:19 PM
$VG LNG WRAP: Asian LNG Climbs to Five-Month High on Hormuz Concerns
Asian spot liquefied natural gas hit a five-month high on concern that disruptions to flows in the Strait of Hormuz would drag on.
Prices in Asia rose to
$24.614 per million British thermal units, according to traders, as buyers in South Asia look for cargoes.
A tanker was struck by unknown projectiles while completing a transit of Hormuz, renewing doubts about flows via the waterway.
https://www.bloomberg.com/news/articles/2026-09-01/lng-wrap-asian-lng-climbs-to-five-month-high-on-hormuz-concerns