Asian LNG prices top $30/MMBtu as Red Sea tanker attack revives shipping risk

Asian spot LNG prices surged above $30/MMBtu, the highest since December 2022, following a reported attack on an LNG tanker in the Gulf of Aden. The UKMTO reported a small boat fired twice at the vessel, with crew returning warning shots. This marks a potential escalation in maritime threats to LNG shipping, reviving risk premiums in the energy market.