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June 23, 2026: The UP World LNG Shipping Index lost 7.94 points (3.88%) last week, closing at 196.81 points and dropping below the 200-point mark, while the S&P 500 gained 0.93%. The UPI reacted to the easing of tensions around the Strait of Hormuz by declining further. The ratio of advancing to declining stocks was 4:16, the weighted index fell 6.66%, and trading volume rose by two-thirds. Asian gas prices fell by $4/mmBtu to their lowest level since February on progress toward a peace agreement and the lifting of the Strait blockade. COSCO Shipping Energy Transportation led the gainers with +10.29%, while New Fortress Energy fell 15% to new lows. Read or listen more...