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Strait of Hormuz: Why It's Critical for Global Oil & Shipping
Updated: 8/22/2026
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Frequently asked questions
The Strait of Hormuz is a narrow waterway between the Persian Gulf and the Gulf of Oman, and it's the world's most important oil chokepoint. About 20% of global oil consumption passes through it daily, making it vital to global energy security. Any disruption could cause significant oil supply shortages and price spikes.
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