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20 Mn Barrels per Day to 'a Trickle': IEA Says Hormuz Choke Largest Oil Supply Disruption in History

Summary by Firstpost News
The agency noted that oil and product flows through the Strait of Hormuz — which handles roughly 20% of the world’s oil supply — have plunged from around 20 million barrels per day to “a trickle”

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The war in the Middle East has caused “the biggest disruption of supply in the history of the world oil market,” said the International Energy Agency on Thursday, while Iran intensified its attacks on oil vessels in the region. Prior to the war, 20 million barrels of oil passed daily through the Strait of Ormuz, the narrow waterway off the southern coast of Iran. That amount has been reduced to “a drip” since Iran warned that the ships passing t…

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vz.lt broke the news in on Thursday, March 12, 2026.
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