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Hormuz LNG Flows Still Down More Than 75% Despite Rebound

LNG traffic at the Strait of Hormuz appears to be ticking up despite increased threats to shipments in the chokepoint in recent days. At least three LNG carriers have transited the Strait of Hormuz outbound since the end of last week, tanker-traffic data compiled by Bloomberg and Kpler showed on Monday. The increase in LNG shipments extends the rebound in transits in September, but the flows of liquefied natural gas remain over 75% below the levels seen before the Iran war. UK Maritime Trade Operations (UKMTO), which is affiliated with the Royal…