Event Brief
Strait of Hormuz closure disrupts global oil and LNG
Filed: Jul 15, 2026 at 12:08 PM ET
Summary: A six-week Strait of Hormuz closure sent Asian spot LNG prices to $48 per mmBtu and triggered Japan fuel rationing.
WHO: Strait of Hormuz closure
WHAT: Six-week disruption of the oil chokepoint, driving Asian LNG price spikes and Japan fuel rationing
WHEN: Jul 15, 2026 at 11:53 AM ET
WHERE: Japan
WHY: The Strait of Hormuz closure caused the disruption to the world’s most critical oil chokepoint.
ℹ️ This event is analyzed using pattern arcs, velocity indicators, and source analysis in our MI Console.
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