Hormuz Disruption to Stall 2026 LNG Trade, Demand to Rise by 2050

AI Summary

Shipping disruptions in the Strait of Hormuz caused by conflict in Iran may stall global LNG trade in 2026 if flows normalize within three months. Shell predicts growth to resume in 2027 and a sharp demand increase by 2050 despite current interruptions.

Shipping disruptions in the Strait of Hormuz due to the Iran war could keep global liquefied natural gas trade flat this year if flows return to normal in the next three months, Shell said on Tuesday, though it expects growth to resume in 2027 and demand to rise sharply by 2050.