RIYADH: As the conflict between Israel and Iran intensifies, attention has turned to the Strait of Hormuz — a narrow, 33-kilometer-wide stretch of water separating Oman and Iran carrying a fifth of the world’s daily oil supply.
While this strategic waterway remains open for now, analysts have told Arab News any further escalation could put the vital shipping route at risk if Iran chooses to impose a blockade or attacks vessels.
A little over a week into the confrontation, which began on June 13 when Israel began striking Iran’s nuclear sites, scientists, military commanders and cities, daily exchanges of fire have killed hundreds.
Now, with threats of a maritime blockade looming should the US decide to join the conflict on Israel’s side, global energy markets are on edge. Any disruption could send prices skyrocketing, destabilize economies and trigger a new energy crisis.
“The Strait of Hormuz is not just a waterway; it is the artery of global energy. Any blockade would trigger a chain reaction the global economy is not prepared for,” Saudi geopolitical analyst Salman Al-Ansari told Arab News.
