{"id":660450,"date":"2026-05-13T11:19:47","date_gmt":"2026-05-13T05:49:47","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=660450"},"modified":"2026-05-13T11:19:47","modified_gmt":"2026-05-13T05:49:47","slug":"adnoc-gas-expects-strait-of-hormuz-closure-to-hit-full-year-profit","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/adnoc-gas-expects-strait-of-hormuz-closure-to-hit-full-year-profit\/","title":{"rendered":"Adnoc gas expects Strait of Hormuz closure to hit full-year profit"},"content":{"rendered":"<p>Adnoc Gas said the closure of the Strait of Hormuz will hit its full-year net profit despite higher prices helping to offset lost sales once the waterway opens up.<\/p>\n<p>The Abu Dhabi-owned gas company said Tuesday that it anticipates a hit to second-quarter net income between $400 million and $600 million due to the strait\u2019s closure. Adnoc\u2019s forecast assumes shipping operations return to normal prior to the end of the quarter.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Adnoc Gas said the closure of the Strait of Hormuz will hit its full-year net profit despite higher prices helping to offset lost sales once the waterway opens up. The Abu Dhabi-owned gas company said Tuesday that it anticipates a hit to second-quarter net income between $400 million and $600 million due to the strait\u2019s closure. Adnoc\u2019s forecast assumes shipping operations return to normal prior to the end of the quarter.<\/p>\n","protected":false},"author":44,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[139,130,187],"tags":[],"class_list":["post-660450","post","type-post","status-publish","format-standard","hentry","category-live-mint","category-newspapers","category-oil-gas-live-mint"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/660450","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/44"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=660450"}],"version-history":[{"count":1,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/660450\/revisions"}],"predecessor-version":[{"id":660451,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/660450\/revisions\/660451"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=660450"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=660450"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=660450"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}