EnergyReader · 2026-08-06 06:22

Hormuz LPG Squeeze Pushes US Gulf Coast Propane 25% Above Pre-War Levels

By EnergyReader Newsroom · August 6, 2026

Texas Gulf Coast propane had climbed roughly 25% above February pre-war prices by mid-June (2026-06-17), as Iranian attacks on vessels in the Strait of Hormuz kept the world's busiest hydrocarbon choke point effectively sealed, oilprice.com reported on Wednesday (2026-08-05). The price move followed a drop in vessel traffic through the strait to an average of just 11 ships per day by late May (2026-05-31), compared with the pre-war baseline.

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