https://sputnikglobe.com/20260305/strait-of-hormuz-the-passage-that-powers-global-trade--1123769360.html
Strait of Hormuz: The Passage That Powers Global Trade
Strait of Hormuz: The Passage That Powers Global Trade
Sputnik International
The Strait of Hormuz is the globe's most crucial maritime trade route, providing the sole passage from the Persian Gulf to the world's oceans.
2026-03-05T11:39+0000
2026-03-05T11:39+0000
2026-03-05T12:47+0000
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middle east
strait of hormuz
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With the war raging around Iran, the authorities in Tehran announced its closure, bringing maritime traffic to a standstill and forcing dozens of tankers to suspend or reroute their transit.The following details spotlight the Strait of Hormuz's essential role in global trade and supply chains:
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strait of hormuz, global trade, war against iran
strait of hormuz, global trade, war against iran
Strait of Hormuz: The Passage That Powers Global Trade
11:39 GMT 05.03.2026 (Updated: 12:47 GMT 05.03.2026) The Strait of Hormuz is the globe's most crucial maritime trade route, providing the sole passage from the Persian Gulf to the world's oceans.
With the war raging around Iran, the authorities in Tehran announced its closure, bringing maritime traffic to a standstill and forcing dozens of tankers to suspend or reroute their transit.
The following details spotlight the Strait of Hormuz's essential role in global trade and supply chains:
Narrowest point: ~33 km across — a choke point where global trade constricts
LNG trade: >30% of the world's supply
Oil & petroleum: ~20% of global consumption
Daily vessel traffic (pre-war): 200-300 ships
