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U.S. LNG Trade Will Suffer If Freedom of Navigation in the Red Sea Is Not Restored Soon
Leslie Palti-Guzman, Senior Associate (Non-resident), Energy Security and Climate Change Program
The Houthis have already attacked roughly 80 vessels in the Red Sea this year. The West has adopted a defensive approach, to avoid a greater regional escalation in the Middle East. As a result, no LNG tankers have used the Red Sea route (except for two Russian-affiliated LNG tankers) since mid-January. The longer the Bab el-Mandeb Strait remains off-limits for Western LNG trade, the…
