What is LNG and what is it used for?

The United States-Israeli war on Iran has hit critical liquified natural gas (LNG) supplies in the Gulf, triggering the most severe disruptions in recent years to the global energy market.

Shipping through the critical Strait of Hormuz, which accounts for 27 percent of the world’s maritime oil trade and 20 percent of LNG, has been brought to a near standstill, with oil-producing nations such as ...