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Oman Urges Diversified LNG Routes to Bypass Strait of Hormuz Amid Gulf Export Collapse
OilPrice.com·OM · YE · IR·about 12 hours ago
At Gastech 2026 in Bangkok, Southeast Asian energy ministers and executives addressed prolonged LNG price increases driven by the Iran war, urging pragmatism over net-zero targets and closer cooperation to secure affordable supplies. The crunch threatens regional growth and AI-driven power demand, signaling a potential shift away from climate commitments. Uncertainty remains over the duration of the price spike and the extent of policy adjustments.
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