Developing Story
LNG Flows Through Hormuz and European Energy Security
LNG cargo traffic through the Strait of Hormuz reached a wartime-high in September 2026 but remains only about 20% of pre-war levels, leaving Europe exposed heading into winter heating season.
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LNG traffic through the Strait of Hormuz hit a wartime record in September 2026, with 19 to 21 cargoes exiting the waterway — the highest monthly total since the US-Iran war began on February 28, 2026, according to analytics firms S&P Global Energy and Kpler (TechTimes, October 2). However, this still represents only about one-fifth of the roughly 86 LNG vessels that crossed the strait monthly before the war (TechTimes, October 2). The shortfall is significant for European households and businesses entering the winter heating season with depleted gas storage, underscoring how the Hormuz blockade continues to constrain global energy supply even as some shipping recovers.