The Gas Exporting Countries Forum (GECF) sees global gas markets are on track to stabilize during the third quarter as the Strait of Hormuz reopens following the U.S.-Iran ceasefire. If the Strait stays open, shipping will begin to re-stabilise and rates will recede quickly, Philip Mshelbila, GEFC secretary general said at a Reuters forum.
GECF sees LNG markets restabilise
Written by Anja Karl
Friday, 26 June 2026
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