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Market Impact: 0.62
LNG Market Faces Extended Hormuz Outage, Japanese Shipper Says
Source: Bloomberg
Energy Markets & PricesGeopolitics & WarTransportation & LogisticsTrade Policy & Supply Chain
Mitsui OSK Lines, a major Japanese shipper, does not expect LNG cargoes through the Strait of Hormuz to resume soon. The prolonged disruption could sustain elevated LNG prices and reduce gas demand across Asia, creating material risks for regional energy importers and shipping supply chains.
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