US-Israel War With Iran: how Strait Of Hormuz chokes global oil supply | 25% of seaborne oil at risk
The Strait of Hormuz is one of the world’s most critical energy chokepoints. Around 25% of global seaborne oil trade passes through the narrow waterway between Iran and Oman. Roughly 20 million barrels of oil move through the strait every day, making it a vital route for global energy markets. Any disruption to shipping in the Strait of Hormuz could have significant consequences for oil supplies, shipping routes and global prices.
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