Tensions in Iran
Strait of Hormuz: 10 basic questions about its importance to global energy and the world economy
The Strait of Hormuz is the world’s most critical maritime passage for oil and liquefied natural gas. About 20 million barrels per day of crude oil and equivalents pass through the waterway each day, representing roughly 20% of global petroleum liquids consumption and more than 25% of seaborne oil trade.
