May 8, 2025

US–Houthi truce may spur LNG flows via Red Sea and Suez Canal; gradual recovery expected

A recent ceasefire between the US and Yemen’s Houthi rebels could pave the way for a recovery in LNG shipping through the Red Sea and Suez Canal. But any rebound in flows is expected to be slow and tentative, with Houthi leaders maintaining that Israeli-linked vessels remain targets.

Cargo ship docked at industrial port with red-covered containers and red ore piles, city skyline in the background.

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