Persian Gulf Oil Exports and the Strait of Hormuz
10 Articles
10 Articles
CHRONIC. Regularly, Iranians are threatening to block the Ormuz Strait, through which 20% of the world's oil flows, but Suez's lecon should dissuade them.
Persian Gulf Oil Exports and the Strait of Hormuz
The Strait of Hormuz, located between Oman and Iran, connects the Persian Gulf with the Gulf of Oman and the Arabian Sea. In 2024, oil flow through the Strait averaged 20 million barrels per day, or approximately 20% of global petroleum liquids consumption, and remained at that level through the first quarter of 2025. The strait is deep enough and wide enough to handle the world’s largest oil tankers. Saudi Arabia is the Strait’s biggest exporte…
Turkey Prepares Alternative Plans Amid Potential Strait of Hormuz Closure – EUROP INFO
Turkey has announced it has prepared alternative routes and contingency plans in the event of a closure of the Strait of Hormuz, a critical chokepoint for global energy supplies. Speaking to the press, a senior government minister emphasized the country’s readiness to mitigate potential disruptions in oil and gas transit through the strategic waterway, underscoring Turkey’s commitment to energy security amid escalating regional tensions. This de…
Strait of Hormuz and Global Supply Chain Disruption 2025
The Strait of Hormuz may seem like a distant maritime passage, but for global supply chain disruption, it represents a crucial artery of the world economy. Each day, billions of dollars’ worth of goods—most notably oil and natural gas—flow through this narrow waterway. When tensions rise in the region, so do global risks. Recent escalations involving Iran, Western powers, and regional allies have reignited concerns over the security and accessib…
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