Qatar Extends LNG Force Majeure as Hormuz Traffic Remains Halted

Qatar has extended force majeure on liquefied natural gas supplies to European and Asian buyers for another month. This decision follows continued uncertainty regarding the full reopening of the Strait of Hormuz, which has halted Persian Gulf energy flows. Consequently, Asian spot LNG prices have risen above $23 due to sustained concerns over fuel deliveries. The extension highlights the ongoing instability affecting the restoration of energy flows to key international markets during this period of disruption.