Updated • A Russian-flagged LNG tanker is struck in a suspected drone attack in international waters southeast of Malta • German military marine patrol aircraft circling over the vessel

More tankers came under attack in Gulf waters on Thursday as the U.S.–Iran war escalated, and Iranian drones entered Azerbaijan, threatening

The Iran-related conflict and a halt in Qatari production have caused global LNG shipping rates to surge to $300,000 per day and spot LNG prices to double as traders navigate disruptions in the Middle East and a stalled Strait of Hormuz.

An LNG tanker laden with Nigerian gas became the first Atlantic cargo to reroute to Asia on Wednesday, an early signal that the Middle

The U.S. leads the world in both crude oil and natural gas production, but the top exporters are already shipping near their capacities, allowing them to reap larger profits but not fill the supply gaps caused by the temporary loss of 20% of global oil and liquefied natural gas (LNG) volumes triggered by the effective closure of the Strait of Hormuz near Iran.

An Armed Forces of Malta patrol boat was present near the distressed Russian LNG tanker on Tuesday evening, Opposition national security spokesperson Darren Carabott said, citing information provided

Israel intensifies strikes in Lebanon; Ship hit by ‘unknown projectile’ near UAE coast; Thailand sees panic buy of petrol

The escalation of the US-backed Israel-Iran conflict has triggered fresh volatility in global energy markets, this time centred not just on crude oil, but liquefied natural gas (LNG). As tensions disrupted supplies from Qatar,