U.S. overtakes Middle East as LNG supplier to Korea amid Iran war fallout

AI Summary

South Korea has imported more LNG from the United States than from the Middle East so far this year, the first time North America has surpassed the region as its supplier. The shift reflects severe disruptions to Middle Eastern gas supplies caused by the Iran war.

Korea has imported more liquefied natural gas (LNG) from the United States than from the Middle East so far this year, as fallout from the Iran war severely disrupted supplies from the once-key region. It is the first time North America has ever overtaken the Middle East in supplying gas to Korea. Imports from the ...