Flashpoint / Global

Strait of Hormuz

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.

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