"Here we are years later and even though it's significant — we're still seeing 20% of the global supply go through the Strait of Hormuz on a daily basis — it's not nearly as large as it once ...

Iran also depends on transit through the Strait of Hormuz for its oil exports. It has an export terminal at Jask, at the eastern end of the strait, which was officially opened in July 2021.

Asia would be directly impacted because 84% of the oil moving through the strait is headed for Asia; top destinations are China, India, Japan and South Korea. China gets 47% of its seaborne oil ...

The largest exporters of crude and condensate that transit through the Strait of Hormuz are Saudi Arabia (5.3 million barrels per day), Iraq (3.2 million) and the United Arab Emirates (1.8 million).

Iran is a major producer of oil and also sits on the narrow Strait of Hormuz, through which much of the world’s crude passes. It will go into effect pending a final decision by Iran’s Supreme ...

“The number of transits through the Strait of Hormuz has shown a downward trend over the [past] week,” the JMIC, a part of the Combined Maritime Forces, said in a Tuesday notice.

China, the largest buyer of Iranian oil, sourced 5.4 million barrels per day through the Strait of Hormuz in the first quarter this year, while India and South Korea imported 2.1 million and 1.7 ...

Secretary of State Marco Rubio advised China, during an interview with FNC's Maria Bartiromo, to call the Iranians and beg them not to shut down the flow of oil through the Strait of Hormuz.

Iran's parliament approved a measure June 22 endorsing the closure of the Strait of Hormuz, a major oil transportation route, following U.S. airstrikes in Iran.