The Strait of Hormuz, a 33-kilometer-wide maritime chokepoint between Iran and Oman, facilitates the transit of 20.9 million barrels per day of crude oil and petroleum products in 2023, representing 20% of global petroleum liquids consumption, according to the U.S. Energy Information Administration’s June 2024 report. Iran’s recurring threats to close this waterway, articulated by … Leggi tutto Geopolitical and Economic Implications of a Potential Strait of Hormuz Closure and Targeted Elimination of Iran’s Supreme Leader: A Global Analysis Beyond Conventional Narratives
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