Approximately one-fifth of the world’s oil and natural gas shipments traverse the Hormuz Strait, a vital waterway that connects the Gulf to the Gulf of Oman and the Arabian Sea.
The region’s major oil and gas exporters, primarily located in the Gulf, rely heavily on this strategic passage to transport their supplies to international markets, while importing nations rely on its continuous operation to meet their energy demands.
Geographically, the Hormuz Strait serves as the sole maritime gateway to the Gulf, situated between Iran on one side and Oman and the United Arab Emirates on the other.
A de facto blockade imposed by Iran has precipitated a global energy crisis.
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