Japan Assesses LNG Supply Impact as Ichthys Workers Strike

🚢 ENERGY — A labor dispute in Australia is now a supply variable in Asia's post-Hormuz scramble. 📌 LOOK CLOSER: Japan accelerated LNG contracts with Australia as Hormuz closed — Ichthys alone covers ~8% of Japan's LNG imports. A strike there hits Tokyo precisely as it rebuilt supply assumptions around non-Gulf routes. Buyers who diversified away from Middle East exposure now face a second-front disruption. Watch whether Japan triggers emergency spot purchases, which would reprice Asian LNG benchmarks.