Qatar Ministry of Foreign Affairs: Only two LNG tankers passed through the Strait of Hormuz, normal navigation has not yet resumed
- The spokesperson for the Qatari Ministry of Foreign Affairs stated on Tuesday that according to international law, any country bordering a natural strait must not obstruct passage.
- The spokesperson also pointed out that there are currently special arrangements for energy product exports, but only two LNG tankers have passed through the Strait of Hormuz, which does not mean that normal navigation has resumed.
- This statement reveals the current delicate situation in the Strait of Hormuz: the coexistence of legal rights to passage with actual navigation restrictions, and the transportation of energy remains in an abnormal state.
- The spokesperson added that regional leaders and parties to the conflict are maintaining communication to prevent a further escalation of the situation. From a market sentiment perspective, expectations for normalization of strait passage should be treated with caution, as the passage of two tankers is far from enough to signal a broad recovery.
- For the global energy market, the navigability of the Strait of Hormuz directly affects the supply rhythm of LNG and crude oil. Qatar's cautious tone suggests that the risk premium on the supply side is unlikely to fade completely in the short term.
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