The Strait of Hormuz Is the Navel of the World: From Here 20% of the World's Oil Passes. the Damage of the Closure Will Last for a Long Time

Corriere Della Sera

Center

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The rental of a tanker from 300 thousand tons of crude oil has gone from about 50 thousand to 480 thousand dollars

espreso.tv

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Russia is known to finance the war with oil revenues, and it was the fall in prices last year, along with sanctions, that led to the collapse of Russian budget revenues. Instead, since the start of the fighting in Iran, oil prices have started to rise, and the question arises as to how much this might affect the war.1 The most painful thing Iran can do in response is to block the Strait of Hormuz. It is a narrow passage from the Persian Gulf to …

Bani.md

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The Strait of Hormuz remains one of the world's most important energy corridors, and its operation is essential for global oil trade. According to data published by the U.S. Energy Information Administration, the most dependent on this maritime corridor are the exporting states of the Gulf and the major Asian economies. The data, which reflects the situation in the first quarter of 2025 and remains relevant today, shows that the main oil exporte…