Iran Amplifies LNG Shortage by Blocking Passages Through Hormuz

Iran has yet to allow a single carrier loaded with liquefied natural gas to pass through the Strait of Hormuz in weeks of war, according to traders involved in the transit, a ban that risks exacerbating global shortages.

Two tankers loaded with Qatari LNG appeared to be making an exit from the Persian Gulf on Monday, only to U-turn within hours. They were denied clearance by Iranian officials, said the traders, who requested anonymity as they aren’t authorized to speak with media.