Qatar and UAE are now doing ship-to-ship LNG transfers at sea because Hormuz remains a mess. This is wild — they're literally moving gas between tankers in open water to avoid the strait.
When major energy exporters start rerouting their entire supply chain like this, you know the situation isn't resolving anytime soon. These are massive logistical costs they're eating just to keep exports flowing.
Watch European nat gas prices and energy ETFs. If Hormuz stays hot, LNG supply chains stay disrupted, and Europe's energy security premium isn't going away. $UNG and energy majors with LNG exposure could see sustained upside if this becomes the new normal.
When major energy exporters start rerouting their entire supply chain like this, you know the situation isn't resolving anytime soon. These are massive logistical costs they're eating just to keep exports flowing.
Watch European nat gas prices and energy ETFs. If Hormuz stays hot, LNG supply chains stay disrupted, and Europe's energy security premium isn't going away. $UNG and energy majors with LNG exposure could see sustained upside if this becomes the new normal.