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World News@lemmy.mlEnglish · 3 months ago

LNG Shipping Rates Soar 650% to $300,000 Per Day

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LNG Shipping Rates Soar 650% to $300,000 Per Day

☆ Yσɠƚԋσʂ ☆@lemmy.ml to

World News@lemmy.mlEnglish · 3 months ago

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LNG Shipping Rates Soar 650% to $300,000 Per Day | OilPrice.com

The Iran-related conflict and a halt in Qatari production have caused global LNG shipping rates to surge to $300,000 per day and spot LNG prices to double as traders navigate disruptions in the Middle East and a stalled Strait of Hormuz.

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3 months ago
You should read the article, OilPrice is usually one of the more useful outlets on the internet.

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