Qatar becomes largest buyer of LNG from US amid Hormuz disruption
Published . Updated .
QatarEnergy has agreed to purchase up to 7 million metric tons per year of US LNG through long-term contracts signed this month.
Directly affected
- No company is named in this report.
Indirectly affected
- UNG United States Natural Gas Fund-7.8% 30d
United States Natural Gas Fund: it follows natural-gas prices. Linked by “lng” (natural gas) in this story.
- XLE Energy Select Sector SPDR+6.2% 30d
Energy Select Sector SPDR: it follows natural-gas prices. Linked by “lng” (natural gas) in this story.
- USO United States Oil Fund+7.3% 30d
United States Oil Fund: its price follows crude oil. Linked by “lng” (oil) in this story.
- BWET Breakwave Tanker Shipping ETF+25.1% 18d
Breakwave Tanker Shipping ETF: it tracks tanker freight rates. Linked by “lng” (tanker shipping) in this story.
- QAT iShares MSCI Qatar ETF
iShares MSCI Qatar ETF holds stocks listed in Qatar, which this story is about (“qatar”).
- XOM ExxonMobil Holdings+10.3% 14d
ExxonMobil Holdings (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “lng” (oil) in this story.
- CVX Chevron+8.4% 30d
Chevron (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “lng” (oil) in this story.
- LNG Cheniere Energy+10.3% 30d
Cheniere Energy (natural gas distribution): gas producers and exporters earn more when gas prices rise. Linked by “lng” (natural gas) in this story.
Price reaction, T-5 to T+3
| Ticker | T-5 | T-3 | T-1 | T0 | T+1 | T+2 | T+3 |
|---|---|---|---|---|---|---|---|
| UNGNo price data for this ticker | — | — | — | — | — | — | — |
| XLE | -1.29% | +1.72% | base | +0.37% | after close | after close | after close |
| USO | -2.52% | -0.26% | base | +0.32% | after close | after close | after close |
| BWETNo price data for this ticker | — | — | — | — | — | — | — |
| QATNo price data for this ticker | — | — | — | — | — | — | — |
| XOM | -2.14% | +1.35% | base | +0.18% | after close | after close | after close |
| CVX | -1.18% | +1.19% | base | +0.93% | after close | after close | after close |
| LNGNo price data for this ticker | — | — | — | — | — | — | — |
Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.
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Qatar becomes largest buyer of LNG from US amid Hormuz disruption Al-Monitor
Source: Al-Monitor
Earlier energy stories for United States Natural Gas Fund (UNG): 17 cases
| Company | When | Average | Largest gain | Largest drop | Prices |
|---|---|---|---|---|---|
| Select Sector Spdr Tr (XLE) | the next day | +0.38% | +1.70% | -0.55% | 17 |
| Select Sector Spdr Tr (XLE) | three days later | +1.24% | +2.31% | -0.96% | 17 |
| United States Oil Fund (USO) | the next day | +3.07% | +6.10% | -0.66% | 17 |
| United States Oil Fund (USO) | three days later | +2.97% | +3.84% | +0.46% | 17 |
- Oil prices jump on elevated risk in Strait of Hormuz
- Brent crude slips to $108 as Hormuz shipping risks persist
- Oil Rises As Hormuz Shipping Attacks Fuel Supply Fears
- Oil Prices Rise as Hormuz Shipping Risks Persist
- News Content Hub - KOTC tanker on fire and adrift in Strait of Hormuz; STS operation targeted in Iraq
- Projectile hit tanker near Strait of Hormuz, maritime agency says
United States Natural Gas Fund (UNG) since this story, compared with the market
| Company | When | Move | Status |
|---|---|---|---|
| Chevron (CVX) | that day | +0.93% | final price |
| Chevron (CVX) | three days earlier | +1.19% | final price |
| Chevron (CVX) | five days earlier | -1.18% | final price |
| United States Oil Fund (USO) | that day | +0.32% | final price |
| United States Oil Fund (USO) | three days earlier | -0.26% | final price |
| United States Oil Fund (USO) | five days earlier | -2.52% | final price |
| Select Sector Spdr Tr (XLE) | that day | +0.37% | final price |
| Select Sector Spdr Tr (XLE) | three days earlier | +1.72% | final price |
| Select Sector Spdr Tr (XLE) | five days earlier | -1.29% | final price |
| ExxonMobil Holdings (XOM) | that day | +0.18% | final price |
| ExxonMobil Holdings (XOM) | three days earlier | +1.35% | final price |
| ExxonMobil Holdings (XOM) | five days earlier | -2.14% | final price |
Trades by members of Congress and officials in the stocks in this story
- Rep. Kevin Hern sold ExxonMobil Holdings (XOM) (jointly held), worth $100,001 - $250,000 on 31 Aug 2026. That is 59 days before publication. Filed 25 Sep 2026. View the filing.
- Donald J Trump, an executive branch official, bought ExxonMobil Holdings (XOM), worth $250,001 - $500,000 on 31 Jul 2026. That is 90 days before publication. Filed 22 Sep 2026. View the filing.
- Rep. Kevin Hern sold Chevron (CVX) (jointly held), worth $15,001 - $50,000 on 23 Sep 2026. That is 36 days before publication. Filed 13 Oct 2026. View the filing.
- Rep. Maria Elvira Salazar bought Chevron (CVX), worth $1,001 - $15,000 on 2 Sep 2026. That is 57 days before publication. Filed 7 Oct 2026. View the filing.
- Donald J Trump, an executive branch official, bought Chevron (CVX), worth $15,001 - $50,000 on 26 Aug 2026. That is 64 days before publication. Filed 8 Oct 2026. View the filing.
Public disclosure filings, not a recommendation. The filing link is the source document. News use of these reports still sits under 5 U.S.C. § 13107(c).
How busy Strait of Hormuz has been lately
Geopolitics Alpha has 109 stories about Strait of Hormuz from the past 7 days and 345 stories from the past 30. That is faster than its usual pace over the past month. “Qatar becomes largest buyer of LNG from US amid Hormuz disruption” is tagged to Strait of Hormuz.
Who collects and who pays in energy
Companies that tend to gain
- XOM ExxonMobil Holdings
In “Qatar becomes largest buyer of LNG from US amid Hormuz disruption,” ExxonMobil Holdings (XOM) tends to benefit, medium confidence. Reason on file: ExxonMobil Holdings (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “lng” (oil) in this story
- CVX Chevron
For “Qatar becomes largest buyer of LNG from US amid Hormuz disruption,” Chevron (CVX) tends to benefit, medium confidence. Reason on file: Chevron (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “lng” (oil) in this story
No up or down call on file
- UNG United States Natural Gas Fund
In “Qatar becomes largest buyer of LNG from US amid Hormuz disruption,” United States Natural Gas Fund (UNG) is linked, with no stored direction, medium confidence. Reason on file: United States Natural Gas Fund: it follows natural-gas prices. Linked by “lng” (natural gas) in this story
- XLE Select Sector Spdr Tr
In “Qatar becomes largest buyer of LNG from US amid Hormuz disruption,” Select Sector Spdr Tr (XLE) is linked, with no stored direction, medium confidence. Reason on file: Energy Select Sector SPDR: it follows natural-gas prices. Linked by “lng” (natural gas) in this story
- USO United States Oil Fund
United States Oil Fund (USO) is linked, with no stored direction, medium confidence in the 29 Oct 2026 story “Qatar becomes largest buyer of LNG from US amid Hormuz disruption.” Reason on file: United States Oil Fund: its price follows crude oil. Linked by “lng” (oil) in this story
- BWET Amplify Commodity Trust
Amplify Commodity Trust (BWET) is linked, with no stored direction, medium confidence in the 29 Oct 2026 story “Qatar becomes largest buyer of LNG from US amid Hormuz disruption.” Reason on file: Breakwave Tanker Shipping ETF: it tracks tanker freight rates. Linked by “lng” (tanker shipping) in this story
How a Strait of Hormuz shock reaches United States Natural Gas Fund (UNG)
The 29 Oct 2026 story “Qatar becomes largest buyer of LNG from US amid Hormuz disruption” names United States Natural Gas Fund (UNG) because of Strait of Hormuz.
The link for United States Natural Gas Fund (UNG) is this: United States Natural Gas Fund: it follows natural-gas prices. Linked by “lng” (natural gas) in this story
Select Sector Spdr Tr (XLE) is here too. Its reason reads: Energy Select Sector SPDR: it follows natural-gas prices. Linked by “lng” (natural gas) in this story
Price levels for United States Natural Gas Fund (UNG)
UNG traded between 9.31 and 11.43 across 20 sessions. The latest close on file is 9.51. USO traded between 141.82 and 169.96 across 20 sessions. The latest close on file is 166.69. XLE traded between 61.05 and 69.86 across 20 sessions. The latest close on file is 68.46.
How solid the energy case looks
46 out of 100
“Qatar becomes largest buyer of LNG from US amid Hormuz disruption” scores 46 out of 100. The score uses 1 sources, and 8 linked companies.