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Hung Up on Hormuz

Propane surges on Hormuz disruption and Aramco outages; East strengthened vs West as freight stays high and Asia demand tightens.
Published: March 11, 2026
Written by:
Donna Dong

Donna Dong

Research Analyst, Flux
Donna Dong
Reviewed by:
Vincent Wu

Vincent Wu

Research Associate, Flux
Vincent Wu
17 page report
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In the main propane benchmarks, the Apr’26 Mont Belvieu (C3 LST) contract rallied from 62.875c/gal on 25 Feb to 99.375c/gal on 09 Mar, before falling to 75.250c/gal on 11 Mar (time of writing).

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