Asia has been hit hardest, as buyers in India, Bangladesh, Taiwan, South Korea, and China scramble for replacement cargoes while increasingly switching to coal, fuel oil, propane, and naphtha.

Liquefied natural gas exports through the Strait of Hormuz have effectively stalled amid renewed regional conflict, driving higher LNG prices and increasing concerns over global…

Asia has been hit hardest, as buyers in India, Bangladesh, Taiwan, South Korea, and China scramble for replacement cargoes while increasingly switching to coal, fuel oil, propane,…