LNG flows through Hormuz hit post-war high as Qatari cargoes resume

September saw 21 LNG cargoes transit the Strait of Hormuz, the highest monthly total since the Iran war began, though still below pre-war levels. Three Qatari cargoes from Ras Laffan have reappeared outside the strait this week, suggesting a partial normalization of energy flows despite ongoing conflict. The increase signals improved security or risk tolerance, but volumes remain constrained, indicating the chokepoint is not yet fully operational.