Dalian is Screaming: What the LPG Spike Means for Our Portfolios #ChartOfTheDay

I’ve been watching the Dalian Commodity Exchange closely this morning, and the move in LPG is nothing short of historic. We are seeing a vertical move that reflects the grim reality of the conflict in the Persian Gulf. With the Strait of Hormuz effectively impassable for major tankers, the primary supply route for Chinese energy has been severed.

In my latest deep dive on Substack, I break down why this isn’t just a “China problem”. I explore how the diversion of US cargoes and the sudden vacuum in Middle Eastern supply are about to squeeze the European LPG market until it pips. If you want the full breakdown of the arbitrage shifts and how I’m positioned for this volatility, head over to my Substack.