Oil tankers anchored near Strait of Hormuz after Iran conflict disrupts Persian Gulf shipping routes

LNG carriers at the Qatari LNG export facility at Ras Laffan. Photo: RasGas

LNG Trade Through Hormuz Extends Rebound Despite Shipping Risks

Bloomberg
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October 5, 2026

By Stephen Stapczynski

Oct 5, 2026 (Bloomberg) –Shipments of liquefied natural gas through the Strait of Hormuz extended a rebound that began in September, as the region’s producers seek to restore supplies to energy-starved customers.

At least three LNG shipments have exited the key waterway since late last week, according to ship-tracking data compiled by Bloomberg and Kpler. While outbound traffic in September climbed to the highest level since the Iran conflict began in late February, flows remain more than 75% below pre-war levels.

The market is closely watching LNG shipments through Hormuz for signs of relief from a supply crunch that last month pushed prices in Europe and Asia to the highest since late 2022. A sustained recovery could help ease prices just before the Northern Hemisphere winter, when heating demand typically surges.

Read More: LNG Exports Through Hormuz Rise to Wartime High, Kpler Says

The increase in traffic comes as risks to shipping remain acute following a flurry of incidents in recent days. UK Maritime Trade Operations said it received a report of a tanker being hit by an unknown projectile within Hormuz on Oct 4.

© 2026 Bloomberg L.P.

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