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The article focused on how Shell revealed a shortage of 20 million tons of liquefied natural gas supplies from the Middle East, which is currently being mainly compensated for by North America. The official explained that the market will replenish its stocks of liquefied natural gas and other products as soon as the Strait of Hormuz reopens. This strait is one of the most vital global energy transit routes, through which 20% of the world's energy supplies pass. These developments come amidst deteriorating energy supplies following the start of the war in Iran, which caused disruptions in the passage of ships through the strait.
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