Hormuz Disruption Adds $12B to European LNG Costs; Multi-Year Shipping Crisis Feared

Escalating tensions in the Strait of Hormuz are driving up European LNG costs by an estimated $12 billion, with analysts warning of a prolonged multi-year disruption to shipping. The report indicates a sustained impact on global energy supply chains, though the specific trigger and duration remain uncertain. This development signals a significant and lasting shift in energy trade dynamics, with direct implications for European energy security and global inflation.

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