TAIPEI, Taiwan — U.S. gas exporters are emerging as among the biggest beneficiaries of President Donald Trump’s war with Iran, as governments in Asia scramble for alternatives to Middle Eastern fuel.
Asia, more reliant than other regions on fuel that passes through the Strait of Hormuz, is staggering from Iran’s effective closure of the key chokepoint and from Iranian strikes on gas facilities in the Persian Gulf, in retaliation for U.S.-Israeli attacks. Demand here is surging for U.S. liquefied natural gas (LNG) exports, much to the approval of the Trump administration, which is seizing on shortages to push U.S. gas sales even as it demands that other governments step in to open the strait.
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