Knowledge Tree
Relations (1)
cross_type 2.00 — strongly supporting 3 facts
The Strait of Hormuz serves as a critical maritime chokepoint for the global transport of crude oil, as evidenced by the 20 million barrels per day passing through it [1] and its role as a primary transit route for supplies from major Middle Eastern producers [2], [3].
Facts (3)
Sources
Iran and Middle East conflict impacts global economy - Deloitte deloitte.com 1 fact
measurementIn 2025, approximately 20 million barrels per day (mbpd) of crude oil and petroleum products passed through the Strait of Hormuz.
Middle East conflict economic impacts chips | Sourceability sourceability.com 1 fact
measurementSouth Korea sources approximately 70% of its crude oil from the Middle East and routes more than 95% of that supply through the Strait of Hormuz.
Conflict in the Middle East and the Impact on the Global Economy trendsresearch.org 1 fact
claimCrude oil passing through the Strait of Hormuz originates from Iran, Iraq, Qatar, Saudi Arabia, and the United Arab Emirates.