Gulf Exports Defy War Risks as Hormuz LNG Traffic Increases
Months into the war between Iran and Gulf exporters have found ways to keep oil and gas moving, despite the risks of crossing the Hormuz Strait.
The region's oil exports are on the rise, with LNG traffic through Hormuz increasing. However, some customers are still missing contracted cargoes due to the ongoing conflict.
The war has made it a challenging time for Gulf exporters, but they have managed to keep oil and gas moving by finding alternative routes and ways to circumvent the risks associated with crossing Hormuz.