World Maritime News (123)
April 15, 2026
Brief Gulf shutdown manageable, but year‑long closure would upend global LNG flows, says think tank According to the report from the Oxford Institute for Energy Studies (OIES), the duration of a potential shutdown in the Strait of Hormuz will be the deciding factor for the global energy landscape. A short disruption of LNG exports from the Middle East Gulf would be manageable for global markets, with limited price impact. However, a shutdown lasting six months to a year—such as a prolonged clos


