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Strait of Hormuz
World’s 30 percent of the oil is exported via this route
The Strait of Hormuz is one of the world’s most critical oil transit routes, connecting the oil-rich Gulf region to global markets. Every day, millions of barrels of crude oil and petroleum products pass through this narrow waterway from major exporters like Saudi Arabia, UAE, Kuwait, Iraq, and Iran to importers across Asia, Europe, and beyond. Because such a large portion of global energy supply moves through this single corridor, any tension or disruption here can immediately impact international oil prices and global trade. The Strait of Hormuz is not just a shipping route—it is a strategic energy lifeline for the world economy.
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10/03/2026
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