Continuing tension between Iran and the Zionist regime has fixed attention on the Strait of Hormuz; a chokepoint that in 2023 hosted an average daily transit of 20.9 million barrels of oil.
This narrow passage carries one-quarter of global oil trade and about one-fifth of global LNG exports; any sign of disruption immediately affects prices in international markets.
Tehran has repeatedly threatened to close the strait, but has never fully blocked it. Even so, even the possibility that the route could be closed can inflame the market.
Hormuz's importance becomes still clearer when we note that alternative chokepoints (such as Bab el-Mandeb or the Suez Canal) do not have comparable capacity and security, and diverting tankers to them raises transport costs and time considerably.
See the original infographic (Persian)
Machine-translated from Persian by Namafar; the Persian original is authoritative. Read the original in Persian