Asia Spot LNG Prices Hit 5-Month High as Hormuz Blockage Drags On
Spot LNG prices in Asia jumped on Tuesday to the highest level since the 2026 winter, as buyers compete for spot cargoes amid the still-stalled LNG traffic through the Strait of Hormuz. Asia’s spot LNG price jumped to as high as $24.614 per million British thermal units (MMBtu) on Tuesday, traders t
<p>Spot LNG prices in Asia jumped on Tuesday to the highest level since the 2026 winter, as buyers compete for spot cargoes amid the still-stalled LNG traffic through the Strait of Hormuz. Asia’s spot LNG price jumped to as high as $24.614 per million British thermal units (MMBtu) on Tuesday, traders t</p>