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Geopolitical conflict reshapes global VLGC trade flows

Source: Mysteel Apr 13, 2026 17:15
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LPG Global Import/Export Shipment
The escalating conflict in the Middle East fundamentally reshaped global VLGC trade flows and triggered a sharp rise in LPG freight, with US Gulf-origin LPG rapidly replacing Middle Eastern supply as the primary source for Asian buyers.
The escalating military conflict in the Middle East has led to the first-ever substantial blockade of the Strait of Hormuz since late February, fundamentally reshaping global very large gas carrier (VLGC) trade flows and triggering a sharp rise in LPG freight.   The crisis, which intensified in February 2026 following renewed

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