U.S.-Israel-Iran war: List of countries allowed to cross the Strait of Hormuz

Global oil and gas prices have surged after Iran virtually blocked the Strait of Hormuz, a narrow shipping lane between the Persian Gulf and the Gulf of Oman, that handles roughly 20 per cent of global oil and LNG (Liquefied Natural Gas). Global oil and gas prices have surged after Iran virtually blocked the Strait of Hormuz, a narrow shipping lane between…

Key takeaways

Quick scan — what you need to know:

• Global oil and gas prices have surged after Iran virtually blocked the Strait of Hormuz, a narrow shipping lane between the Persian Gulf and the Gulf of Oman, that handles roughly 20 per cent of…
• Global oil and gas prices have surged after Iran virtually blocked the Strait of Hormuz, a narrow shipping lane between the
• Persian Gulf and the Gulf of Oman, that handles roughly 20 per cent of global oil and LNG (Liquefied Natural Gas). Global oil and
• gas prices have surged after Iran virtually blocked the Strait of Hormuz, a narrow shipping lane between the Persian Gulf and the

Background

What led here, in plain terms:

• gas prices have surged after Iran virtually blocked the Strait of Hormuz, a narrow shipping lane between the Persian Gulf and the
• Gulf of Oman, that handles roughly 20 per cent of global oil and LNG (Liquefied Natural Gas).

Why it matters

Why readers and decision-makers should care:

• Global oil and gas prices have surged after Iran virtually blocked the Strait of Hormuz, a narrow shipping lane between the
• Persian Gulf and the Gulf of Oman, that handles roughly 20 per cent of global oil and LNG (Liquefied Natural Gas). Global oil and
• gas prices have surged after Iran virtually blocked the Strait of Hormuz, a narrow shipping lane between the Persian Gulf and the