Chinese domestic futures closed mixed overnight, with PTA down over 2%, synthetic rubber up over 1%, and plastic and soybean meal up nearly 1%.

ZeroHedge reports Qatar is halting its push to ramp up LNG production after tanker strikes near the Hormuz Strait.

Pakistan urgently seeks a liquefied natural gas cargo after new hostilities in the Strait of Hormuz disrupted supply.

A Bloomberg post reports that Pakistan purchased a liquefied natural gas shipment for delivery later this week, as flows from Qatar through the Strait of Hormuz remain constrained.

Bloomberg reports that Australia's LNG exporters face public backlash despite a $14 billion sales windfall from Middle East conflict.

South Korea announces zero tariffs on liquefied natural gas and liquefied petroleum gas to address inflation.

China increases LNG imports ahead of expected summer heat-driven electricity demand.

Pakistan purchased its most expensive LNG shipment in about four years due to the closure of the Strait of Hormuz.