The Strait of Hormuz is one of the most important maritime corridors in the world, connecting the Persian Gulf to the Gulf of Oman and facilitating the transportation of large volumes of oil. Before the conflict erupted, nearly a fifth of the world's traded oil passed through this passage daily. Countries like Saudi Arabia, Iraq, United Arab Emirates, Kuwait, and Iran rely on this route for their exports.
With just 34 kilometers at its narrowest point and limited navigation channels, the strait acts as a natural bottleneck. Since the start of the war, maritime traffic has significantly decreased due to Iranian drone and missile attacks on ports, refineries, and oil tankers.
The direct consequence has been a significant reduction in global oil supply, leading to a sharp rise in energy prices worldwide.