War in the Middle East changes the geopolitical calculus for ocean shipping, compounding existing threats from Russia’s invasion of Ukraine. Two of the top energy cargoes at risk in the Middle East are liquefied petroleum gas (LPG) — propane and butane — and liquefied natural gas (LNG).
What happens next in the Middle East will have major trade consequences for the U.S., the world’s largest exporter of both LNG and LPG.
Oystein Kalleklev is the CEO of LNG shipping company Flex LNG (NYSE: FLNG)...
https://www.freightwaves.com/news/how-middle-east-war-could-impact-global-lng-lpg-shipping