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Iran Conflict Escalation Hits LNG Shipping Risks

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The conflict in Iran has escalated sharply in September 2026, focusing on maritime traffic through the Strait of Hormuz. This escalation raises concerns about shipping risks for vessels transiting the strait.

According to Poten & Partners' LNG Market Outlook, global LNG exports are forecast to decline by 6 million metric tons (MMt) from last winter's total of 231.5 MMt to 225.6 MMt this year.

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