The LNG world has many more options today than it did during the gas supply shock of 2022, but competition for cargoes is set to increase heading into summer.

Analysts believe that if the Strait of Hormuz does not open for maritime traffic by early August, gas and LNG prices could soar.

The LNG world has many more options today than it did during the gas supply shock of 2022, but competition for cargoes is set to increase heading into summer.