Why the Strait of Hormuz is crucial to global oil and maritime trade

WorldBusiness & Finance
3 Mar 2026 • 12:01 AM MYT
Euronews
Euronews

Trusted news from Europe’s newsroom

image is not available

The Strait of Hormuz is a key shipping lane linking the Gulf to global markets, with a large share of the world’s oil and gas passing through it daily. Disruptions caused by tensions between Iran, the US and Israel risk affecting energy supplies and international trade. Watch the video for more.