US Gas Exporters Capture Windfall During Naval Gulf Blockade #
Five 900-foot Q-Max liquefied natural gas tankers idled helplessly in the Persian Gulf on Saturday, their white hulls reflecting the midday heat off the coast of Ras Laffan. The ships, tracked by marine transponders, cannot transit the Strait of Hormuz following the deployment of fifteen American Arleigh Burke-class destroyers. This overt sovereign enclosure of Middle Eastern hydrocarbon logistics has permanently trapped seventeen percent of global export capacity. The resulting global supply shortage has immediately transferred massive pricing leverage directly to…