European natural gas prices are climbing as liquefied natural gas (LNG) shipments through the Strait of Hormuz remain restricted, according to broker reports.
The bottleneck persists even as overall traffic through the critical waterway has shown signs of recovery, highlighting the continued vulnerability of key energy supply routes.
The disruption is particularly acute for Qatar, which remains heavily reliant on the strait for its LNG exports.
Despite the general easing of shipping constraints in the region, Qatari flows have not yet normalized, sustaining supply-side tightness in European markets.
This dynamic is driving higher prices on the Amsterdam Title Transfer Facility (TTF), the continent's benchmark gas contract.
The development underscores the lingering impact of the ongoing conflict in the Middle East on global energy markets.