When the Iran war closed the Strait of Hormuz earlier this year, about 20% of the world’s liquefied natural gas supply stopped flowing almost overnight. Roughly 90% of the LNG that moves through the strait goes to Asia, so the continent has absorbed the worst of it. Gulf producers have had few good responses. Saudi […]

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The number of commercial transit voyages through Russia’s Northern Sea Route (NSR) had already surpassed the full-year 2025 total by the end of September, putting Arctic shipping on course for another record season as cargo volumes rise and more vessels test the route between Asia and Europe.

A carrier loaded with Qatari liquefied natural gas is sailing north through the Red Sea, potentially speeding up delivery to European customers with a rare transit through waters vulnerable to renewed attacks from Houthi rebels.