As the Strait of Hormuz remains under Iranian control amid the ongoing West Asia conflict, Qatar has quietly resumed some LNG exports by adopting tactics more commonly associated with the oil industry's “shadow fleet.” LNG carriers are increasingly switching off transponders, travelling in pairs, and making “dark transits” through the chokepoint to reduce the risk of attacks and avoid attracting attention.

Unless peace talks between US and Iran fail and the Strait of Hormuz remains closed beyond July, LNG prices will see a sharp drop.

As the Strait of Hormuz remains under Iranian control amid the ongoing West Asia conflict, Qatar has quietly resumed some LNG exports by adopting tactics more commonly associated…