Flashpoint / Global

Strait of Hormuz

I. Why it Matters

In recent years, the U.S. and Iranian navies have had numerous tense encounters in the Persian Gulf, where 30 per cent of the world’s seaborne-traded crude oil passes through the Strait of Hormuz every day. Commercial shipping has also been impacted by a rise in U.S.-Iran tensions. An intentional or inadvertent incident at sea could quickly escalate into a direct military confrontation, and risk shipping through the critical energy chokepoint.

II. Recent Developments

  • 15 February 2024
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  • 27 December 2019