Eco
IEA data for 2026 indicates that the closure of the Strait of Hormuz is causing a loss of approximately 10 billion cubic meters of LNG per month, prompting the agency to lower its global demand growth forecasts. The quarterly report noted that total losses for March and April could reach 20 billion cubic meters, with warnings that lengthy repairs to damaged facilities in Qatar could cut 70 billion cubic meters from future production. Global markets are awaiting new liquefaction plants to come online to offset this deficit, yet military escalation risks continue to exert contractionary pressure on the international energy market.
