Strait of Hormuz Tensions: Why Global Oil Routes Hang in the Balance
“`html Strait of Hormuz: A Global Chokepoint’s Ongoing Tensions Strait of Hormuz: A Global Chokepoint’s Ongoing Tensions The Strait of Hormuz remains one of the world’s most strategically vital maritime passages. Connecting the Persian Gulf to the Gulf of Oman, it serves as a critical artery for global oil shipments. Approximately 20% of the world’s…