Hormuz LNG traffic hits wartime high in October, S&P Global Energy data show

Thirty-one laden liquefied natural gas tankers exited the Strait of Hormuz in October, up from 23 in September and the most since February, according to S&P Global Energy data cited by Reuters. Of those, 23 loaded in Qatar and eight in the UAE. S&P analyst Eric Yep said UAE transits were back at prewar levels, while Qatar’s were over 30% of prewar traffic.