Iran War Threat in Hormuz Strait: Risks to Global Oil and Security
Navigating the Hormuz Strait: A Critical Chokepoint in Regional Conflict The Hormuz Strait remains one of the world’s most strategically vital waterways, serving as a narrow gateway for roughly one-fifth of the world’s oil supply. When tensions between Iran and neighboring states escalate, the strait becomes a flashpoint with consequences that ripple across global energy…