LNG Tankers Push Through Hormuz Again as Qatar, UAE Fight Supply Crunch
At least two LNG carriers have transited the Strait of Hormuz so far this week, while two others were detected to have engaged in ship-to-ship transfers outside the Strait offshore Oman, tanker-tracking and satellite data compiled by Bloomberg showed on Friday. The uptick in LNG cargoes managing to
Source: OilPrice.com
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DW NOTE
Qatar and the UAE are routing LNG cargoes through Hormuz despite the strait carrying 8 ships per day instead of the usual 85. That means either they've negotiated Iranian passage or they're willing to risk interdiction. Either way, the gap between nominal closure and actual flow tells you more about leverage than logistics.