Managed Qatari Surge

Qatar uses its empty LNG carrier queue to move a larger-than-normal block of cargoes through Hormuz under heavy naval monitoring. This is the most likely path because Doha has strong revenue incentives and buyers in Europe and Asia need winter supply, while Iran may avoid a direct strike on Qatari-linked vessels.

Each figure is the modeled move of the S&P 500 if the outcome occurs. For information only. Not investment advice.