Gas & LNG
China’s Aluminum Exports Surge to Fill Global Shortfall From War
Chinese aluminum exports surged in May, helping fill a global shortage caused by war in the Middle East. Crude oil imports continued to slump, dropping to an eight-year low, as the conflict chokes shipments from major producers.
US Forces See Nearly 1,000 Hormuz Crossings Since Ceasefire
American forces have counted nearly 1,000 commercial vessel transits in and out of the Strait of Hormuz in the last two months, according to an official familiar with US Central Command operations, a figure that’s higher than private sector estimates that rely mostly on ship transponders.
Pakistan Buys Priciest LNG Shipment in Years on Hormuz Closure
Pakistan purchased its most expensive liquefied natural gas shipment in about four years, as the country grapples with an energy shortage due to the effective closure of the Strait of Hormuz.
