The Strait of Hormuz is the only maritime passage connecting the Persian Gulf with the Indian Ocean, often referred to as the "World's Oil Valve."
Average daily oil transportation: approximately 20 million barrels, accounting for about 20%-25% of global maritime oil trade; liquefied natural gas (LNG) trade: about 20% globally.
The narrowest point is only 33 kilometers wide. Oil-exporting countries in the Gulf, such as Saudi Arabia, Iraq, the United Arab Emirates, and Qatar, almost entirely rely on this passage for crude oil exports. About 90% of Iran's oil exports also pass through this st
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