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Market news: Qatar will resume half of its liquefied natural gas production one month after the Strait of Hormuz reopens.

2026-06-16

Market news: Qatar will resume half of its liquefied natural gas production one month after the Strait of Hormuz reopens.

Other News
2026-06-15

The UK's Office for Maritime Trade Operations forwarded a report from the Joint Maritime Information Centre on the 15th, stating that the US blockade of Iranian ports remains in effect.

The UK's Office for Maritime Trade Operations forwarded a report from the Joint Maritime Information Centre on the 15th, stating that the US blockade of Iranian ports remains in effect.
2026-06-16

HSBC analysts said oil shipments through the Strait of Hormuz are unlikely to normalize before end-July and may not return to pre-conflict levels until end-September. Key obstacles include clearing sea mines, restoring insurance, drawing down excess

HSBC analysts said oil shipments through the Strait of Hormuz are unlikely to normalize before end-July and may not return to pre-conflict levels until end-September. Key obstacles include clearing sea mines, restoring insurance, drawing down excess Gulf oil inventories, redeploying vessels, and restarting idled producing fields and downstream infrastructure. HSBC expects Saudi Arabia and the UAE to recover relatively quickly, while other producers will need months rather than weeks. In a partial-reopening scenario where Iran retains influence via the "Persian Gulf Strait Authority", supply could recover to only about 60% of pre-conflict volumes, which would keep the oil market in deficit through 2027.
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