Red Sea LNG tanker disruptions may bear long-term political, economic risks: Analysts

There is no limitless amount of LNG shipping capacity available today and the lengthening of shipping routes around the Cape of Good Hope likely busts current capacities. The Suez Channel connects the two great basins, the Atlantic and the Pacific, and acts as some sort of balancing fuse. If there is over- or undersupply in one of the basins, LNG can quickly flow from one to the other. Europe (the big buyer in the Atlantic basin) has plenty of underground storage for gas so it can prepare. Asia has a much, much harder time with this and China is very exposed. So Houthis hurt China which is an ally of Iran which supports the Houthis. Interesting. 

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