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'Five Straits' Trap: How Hormuz Blockade Exposes Global Oil's Fatal Flaw

Summary by NDTV
Iran's Hormuz blockade affecting 20-25% of global crude exposes the 'five straits' crisis: volatile chokepoints (Hormuz, Bab al-Mandab, Malacca, Suez, Turkish) shipping 60M barrels/day affected by Houthi threats, piracy, risk Asia's energy lifeline.

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'Five Straits' Trap: How Hormuz Blockade Exposes Global Oil's Fatal Flaw

Iran's Hormuz blockade affecting 20-25% of global crude exposes the 'five straits' crisis: volatile chokepoints (Hormuz, Bab al-Mandab, Malacca, Suez, Turkish) shipping 60M barrels/day affected by Houthi threats, piracy, risk Asia's energy lifeline.

·New Delhi, India
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NDTV broke the news in New Delhi, India on Friday, April 3, 2026.
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