Woodside, Australia's largest liquefied natural gas exporter, says the global market is underestimating how long the Iran conflict will continue disrupting LNG supplies. The company points to ongoing Middle East tensions as a drag on one of the world's most valuable energy commodities, urging buyers and traders to factor prolonged supply constraints into their planning.

LNG prices have been volatile as the conflict raises questions about shipping routes through the Strait of Hormuz and Iranian export volumes. Woodside's caution carries weight given its position as a major supplier to Asian buyers who depend heavily on Australian cargoes. The warning suggests the market may be pricing in too much optimism about a quick resolution.

For buyers hedging against price swings, the message is clear: the Iran war's squeeze on global LNG supply isn't resolving anytime soon. Woodside's outlook adds pressure on traders to reassess risk models that assume rapid normalization.