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Asian LNG Prices Jump to Highest Since 2022 on Tanker Strikes

Bloomberg Markets Tuesday 20 October 2026, 03:03 UTC By Sing Yee Ong 1 min read
Key Points

Energy Asian LNG Prices Jump to Highest Since 2022 on Tanker Strikes Asian liquefied natural gas prices rose to the highest in almost four years, as attacks on tankers in the Middle East damped hopes for a recovery in exports from the war-torn region. Spot prices jumped to $30.4 per million British thermal units on Monday, according to traders, the highest since December 2022. The UK Maritime Trade Operations received a report over the weekend that an LNG carrier was fired on near Yemen on...

Energy Asian LNG Prices Jump to Highest Since 2022 on Tanker Strikes Asian liquefied natural gas prices rose to the highest in almost four years, as attacks on tankers in the Middle East damped hopes for a recovery in exports from the war-torn region. Spot prices jumped to $30.4 per million British thermal units on Monday, according to traders, the highest since December 2022. The UK Maritime Trade Operations received a report over the weekend that an LNG carrier was fired on near Yemen on Saturday, part of a recent increase in strikes on oil and gas vessels in the Red Sea and Strait of Hormuz.
Asian (ORG) the Middle East (LOCATION) British (ORG) The UK Maritime Trade Operations (ORG) LNG (ORG) Yemen (LOCATION) the Red Sea (LOCATION) Hormuz (LOCATION)
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