LNG tanker rates triple to $200,000 daily amid US-Iran war

LNG tanker rates triple to $200,000 daily amid US-Iran war

The cost of leasing liquefied natural gas (LNG) tankers in the Atlantic Basin has more than tripled to over $200,000 per day.

The spike comes as Qatar's shutdown of LNG production amid escalating tensions between US-Israel and Iran.

The new rate is at least three times higher than the last assessed price by shipping firm Spark Commodities, which was $61,500 earlier on Monday.