Ernest Moniz

The Strait of Hormuz closure stops Qatar (a major LNG exporter) from shipping gas. U.S. gas prices are stable, but Asian/European prices are volatile. The U.S. is a major LNG exporter that does *not* rely on the Strait of Hormuz. As global supply tightens due to the Qatar blockage, demand for U.S. LNG will skyrocket to fill the void in Europe and Asia. Long U.S. LNG exporters and Natural Gas exposure. Quick reopening of the Strait restores Qatari supply.

The Strait of Hormuz closure stops Qatar (a major LNG exporter) from shipping gas. U.S. gas prices are stable, but Asian/European prices are volatile. The U.S. is a major LNG exporter that does *not* rely on the Strait of Hormuz. As global supply tightens due to the Qatar blockage, demand for U.S. LNG will skyrocket to fill the void in Europe and Asia. Long U.S. LNG exporters and Natural Gas exposure. Quick reopening of the Strait restores Qatari supply.