A Japanese shipper has warned of an extended outage in the Hormuz area affecting the LNG market. This disruption has had a significant impact on prices.

Asian spot LNG prices have reached their highest level since 2022 due to the outage. Further price gains are possible as winter approaches.

More information on the situation and its potential effects can be found through the source, which provides additional details on the current state of the LNG market and the potential for future price changes.