Strait of Hormuz: Why This Waterway Controls Global Oil Markets
The Strait of Hormuz remains one of the most critical chokepoints in global energy markets, a narrow waterway where geopolitical tensions often spill into economic disruptions. Roughly 20 to 30 percent of the world’s seaborne oil passes through this 21-mile-wide passage between Iran and Oman, making it a flashpoint for international shipping, military patrols, and…
