Strait of Hormuz

Current Context : Recent tensions in the Middle East have spotlighted the Strait of Hormuz, through which a significant share of global oil passes.

ABOUT STRAIT OF HORMUZ

• Location: Between Oman (Musandam Peninsula) to the south and Iran to the north.
• Connectivity: Links the Persian Gulf with the Gulf of Oman and Arabian Sea.
• Oil Transit: Approximately 21 million barrels per day (~21 % of global petroleum liquids) in 2022.
• Geopolitical Importance:
  • Vital for Middle East exports; potential disruptions can spike global oil prices.
  • Subject of naval patrols and security agreements by littoral and foreign navies.