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Ongoing disruption in the Strait of Hormuz is continuing to unsettle global energy markets, as a United States-enforced blockade creates uncertainty around one of the world’s most critical oil transit routes.
The narrow channel, which carries roughly 20% of global oil and gas shipments, has seen intensified naval patrols following the breakdown of diplomatic talks between the United States and Iran in Islamabad.
Shipping disruptions and rising costs
Shipping activity through the strait
The narrow channel, which carries roughly 20% of global oil and gas shipments, has seen intensified naval patrols following the breakdown of diplomatic talks between the United States and Iran in Islamabad.
Shipping disruptions and rising costs
Shipping activity through the strait
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