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Iran's conflict may reshape LNG trade

Iran's conflict may reshape LNG trade

The article discusses the impact of the war in Iran and the closure of the Strait of Hormuz on the liquefied natural gas (LNG) market. The International Gas Union has stated that this crisis will not halt the long-term growth of the gas industry; rather, it will reshape its landscape and prompt investments in diversifying supply sources and infrastructure. Data shows that global LNG trade increased by 6.3% in 2025, with a greater concentration in Europe and the Americas, which are leading in exports despite geopolitical challenges. Despite these tensions, the union expects the industry to continue growing gradually, with a reorganization of global trade routes. The United States has strengthened its position as the largest exporter, highlighting the importance of diversifying supply sources and shifting investor perceptions towards energy supply security.

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