Qatar suspends LNG supplies through Red Sea
After the US airstrikes on Houthi targets in Yemen, Qatar suspended the shipment of LNG tankers through the Bab el-Mandeb Strait, Azernews reports, citing Bloomberg.
According to the data, at least five LNG vessels en route to the strait have stopped their movement since Friday.
This could create risks of supply disruptions from one of the largest LNG exporters to Europe amid a cold winter. However, a shortage is unlikely in the near future, since Europe has well stocked up on gas, and industrial demand remains low, the agency notes.
Three LNG tankers bound for Europe stopped off the coast of Oman. Two more empty vessels returning to Qatar suspended traffic on both sides of Bab el Mandeb.
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