The Strait of Hormuz links the Persian Gulf to the ocean. Tankers from Saudi Arabia, Iraq, Kuwait, Qatar and the UAE leave through it — and most of that oil has no other route.
CHAPTER 1
Persian Gulf oil and gas reach the world by sea. Nearly every tanker passes one narrow opening between Iran and Oman.
CHAPTER 2
Saudi Arabia and the UAE have pipelines that bypass the strait, but they carry only a small part of the volume. Most of the oil and gas has no alternative route.
CHAPTER 3
A sole supplier means there's nowhere else to buy. This is how one failure rolls down the chain:
CHAPTER 4
According to the US Energy Information Administration (EIA), about 20% of world oil consumption passes the Strait of Hormuz, most of it bound for Asia.
Qatar, one of the world's largest LNG exporters, ships its gas through the same strait.
A disruption could lift oil and gas prices — a plus for producers outside the region, and a hit to airlines, for whom fuel is a major cost.
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Built from widely reported public facts (company filings, the EIA, company statements). Effects marked 'may' or 'could' are reasoned expectations, not recorded events. Not investment advice.