Macro Finance
LNG WRAP: Asian LNG Above $23 as Qatar Extends Force Majeure
Bloomberg Markets·August 28, 2026·1 min read
Asian spot LNG prices advanced above $23 as Qatar extended force majeure on deliveries to European and Asian buyers by another month, amid sustained concerns about the Strait of Hormuz. The extension prolongs supply disruptions that have kept prices elevated, with buyers bracing for continued tightness in the global gas market.
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