Google trend - Estrecho de Ormuz

Estrecho de Ormuz - 10 things to know with detail

• Location: The Strait of Hormuz is a narrow waterway located between the Gulf of Oman and the Persian Gulf, separating Iran to the north and the United Arab Emirates and Oman to the south.
• Importance: The strait is one of the most strategically important waterways in the world, as it is the only sea passage from the Persian Gulf to the open ocean. It is a critical chokepoint for global oil shipments, with around 20% of the world's oil passing through it.
• Width: The strait is approximately 21 miles wide at its narrowest point, making it one of the narrowest international waterways in the world.
• Traffic: The strait sees a high volume of maritime traffic, with an average of over 18 million barrels of oil passing through it every day. It is also a key route for liquefied natural gas (LNG) shipments.
• Geopolitical tensions: The strait has been a hotspot for geopolitical tensions, with Iran and the US engaging in political and military brinkmanship in the region. Iran has threatened to close the strait in response to US sanctions, which has raised concerns about the impact on global oil prices.
• Military presence: The US Navy maintains a significant presence in the region to ensure the security of the strait and protect the flow of oil. Other countries, including Iran and the UK, also have naval forces in the area.
• Environmental concerns: The strait is a sensitive marine ecosystem, with diverse marine life including dolphins, whales, and turtles. Oil spills and pollution from maritime traffic pose a threat to the environment and biodiversity in the region.
• Piracy: The strait has also been a hotspot for piracy, with incidents of hijacking and attacks on commercial vessels reported in the past. Maritime security measures, including naval patrols and cooperation between countries, have helped to reduce piracy in the region.
• Economic impact: Any disruption to the flow of oil through the strait, whether due to geopolitical tensions, piracy, or accidents, could have a significant impact on global oil prices and the world economy. The closure of the strait could lead to a spike in oil prices and disrupt global energy markets.
• International cooperation: Given the importance of the strait for global energy security, countries around the world have a vested interest in ensuring the safe passage of ships through the waterway. Diplomatic efforts are ongoing to prevent escalation of tensions in the region and maintain the free flow of oil through the strait.