Liquefied natural gas shipments traveling through the Strait of Hormuz scaled a new peak last month, logging the highest volume since the war involving Iran started. Analytics from Kpler, cited by Reuters, indicate that outbound tanker totals climbed to 31 last month, marking an increase from the 27 vessels recorded in September.
Notably, a significant share of these recent shipments originated from Qatar's Ras Laffan facility. This activity persisted even though the major hub remains under force majeure conditions.
Market observers tracking global supply chains and commodity flows will continue to monitor regional shipping volumes through the Strait of Hormuz for any shifts that could impact broader energy logistics.