Russia diverts LNG supplies for Asia around Africa to avoid Red Sea, LSEG data shows : vimarsana.com

Russia diverted LNG cargoes to China via Cape of Good Hope to avoid Houthi attacks in the Red Sea. The Suez canal route is risky, so they are taking an extended route around Africa, adding 10 days to the journey. Insurance premiums for ships are also increasing due to the conflict.

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