Spot LNG prices in Asia jumped on Tuesday to the highest level since the 2026 winter, as buyers compete for spot cargoes amid the still-stalled LNG traffic through the Strait of Hormuz. Asia’s spot LNG price jumped to as high as $24.614 per million British thermal units (MMBtu) on Tuesday, traders told Bloomberg. This was higher than the $23.388 per MMBtu from Friday, and the highest spot price for LNG deliveries into Asia in five months. Prices in both Asia and Europe had jumped at the end of l
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