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Hormuz: How Tehran Could Cause Oil Shock by Closing Key Waterway
The Guardian
|June 24, 2025
Among the world's most important oil chokepoints, the strait is strategically important to the US and beyond, as the strength of the global economy is heavily dependent on the flow of oil.
What is the strait of Hormuz?
It lies between Oman and Iran and links the Gulf to the north with the Gulf of Oman to the south and the Arabian Sea beyond.
It is 20.5 miles (33km) wide at its narrowest point, with the shipping lanes just 2 miles wide in either direction.
Why is it so important?
About one-fifth of the world's total oil consumption passes through the strait. Between the start of 2022 and last month, between 17.8m and 20.8m barrels of crude, condensate, and fuels flowed through the strait daily, according to data from the analytics firm Vortexa.
Members of OPEC – Saudi Arabia, Iran, the United Arab Emirates, Kuwait and Iraq – export most of their crude via the strait, mainly to Asia. The US Fifth Fleet, based in Bahrain, has responsibility for protecting commercial shipping in the area.
What has Iran said about the strait of Hormuz?
Diese Geschichte stammt aus der June 24, 2025-Ausgabe von The Guardian.
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