BBC|1 minute read
The Strait of Hormuz: A Vital Waterway in Global Oil Supply
TL;DR
The Strait of Hormuz is a vital maritime corridor for the world’s oil supply, linking the Persian Gulf to the Arabian Sea. Over a fifth of the global oil consumption passes through this narrow passage. Geopolitical tensions, particularly involving Iran and the U.S., can disrupt this critical route, impacting global oil prices and energy security.
Key points include:
- Importance as a global oil transit route.
- Geopolitical tensions affecting oil trade.
- Recent incidents involving tankers and military actions in the region.
Read on for the full story.