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Asian LNG Prices Surge 10% as Strait of Hormuz Risks Mount

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High 9/10LNG Asian energy markets

Asian LNG Prices Surge 10% as Strait of Hormuz Risks Mount

Asian spot prices for liquefied natural gas have climbed 10% over the past week, reaching $20.2 per million British thermal units. This sharp appreciation follows renewed geopolitical volatility in the Middle East and a near-halt in shipping operations through the Strait of Hormuz.

July 16, 2026Published 4 hours ago