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Strait of Hormuz
The Strait of Hormuz is a narrow waterway that lies between Iran and Oman. It is 21 miles wide (34 km) at its narrowist point. This important waterway is a transit point for roughly 20% of global seaborne oil trade from Saudi Arabia, United Arab Emirates, Iraq, Iran, and Qatar.
Map: Strait of Hormuz, NASA, 10 Dec 2018
Click for larger image:
Image of Strait of Hormuz, .
During the initial days of the Iran War of 2026, Iran blocked the strait - prohibiting vessels from passing through. By the end of March 2026, it was selectively allowing vessels to pass through the strait - depending on which nation the vessels were flagged under. Iran also began charging a "toll" for ships to pass through the strait.
The closing of the strait during the Iran War has driven up the price of oil and gas as well as other commodities. The financial markets suffered as well. There was a dramatic rise in insurance rates for ships.
References
2026 Strait of Hormuz Crisis - Wikipedia
https://en.wikipedia.org/wiki/2026_Strait_of_Hormuz_crisis
News Reports on Strait of Hormuz
March 26, 2026, "Iran's Mine Threat to the Strait of Hormuz", by Hollie McKay and Oliver Guitta, National Interest. Iran has an estimated 5,000 to 6,000 sea mines available to place in the Strait of Hormuz. While the U.S. and other nations have mine clearance capabilities, the time and effort required to clear thousands of inexpensive sea mines is significant.
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