In October, LNG traffic through the Strait of Hormuz rose to its highest level since the war began.

1. Ship tracking data shows that in October, the number of LNG (liquefied natural gas) tankers departing the Strait of Hormuz reached the highest level since the US-Iran conflict began disrupting shipping. According to S&P Global Energy, a total of 31 LNG tankers passed through the strait that month, with 23 loading at Qatar’s Ras Laffan Port and 8 at UAE’s Das Island, up from 23 in September. 2. Kpler ship tracking data also shows that 42 LNG cargoes were loaded in October, up from 27 in September. Overall, LNG transportation through the Strait of Hormuz is recovering from early conflict lows, but the market remains concerned about the security risks in this waterway.