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Middle East LNG supply gap redraws global trade flows

Source: Mysteel Aug 13, 2026 14:19

Middle East LNG supply shortfalls are redirecting global trade toward US exports, while price trends remain contingent on the speed of regional output recovery.

Shipping halts in the Strait of Hormuz and producer-site equipment breakdowns have significantly reduced 2026 LNG shipments from Middle Eastern suppliers. This triggers a shift in global spot supply-demand dynamics, affecting LNG trade flows and Asia's market trends. Middle East LNG Exports, 2025-2026 (Unit: '000 tonnes) Source: OilChem, Kpler In Q2 2026,

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