Ships With Qatar LNG Attempt First Hormuz Exit Since War

Two tankers carrying liquefied natural gas from Qatar appear to be attempting to exit the Persian Gulf via the Strait of Hormuz, with the move being closely monitored as a successful transit would mark the first exports to buyers outside of the region since the war started.

The Al Daayen and Rasheeda, which each loaded LNG from Qatar’s export plant in late-February, have now slowed and pulled back slightly after earlier heading eastward toward the opening of the strait near Oman, according to ship-tracking data compiled by Bloomberg. It isn’t immediately clear from the data at this stage if the tankers will abandon the journey.