Strait of Hormuz: Global Oil Supply & Security Risks
Iran Military Drills Heighten Concerns Over Strait of Hormuz Security February 29, 2024 Recent Iranian military exercises near the Strait of Hormuz are refocusing global attention on this vital, yet vulnerable, energy artery. The strategic waterway, responsible for approximately 20% of the world’s oil supply, remains a potential flashpoint with the capacity to significantly disrupt … Read more