Beyond the stricken Gulf, global trade is relatively calm
The Strait of Hormuz is vital for oil and related products but not a critical shipping thoroughfare
The Strait of Hormuz is vital for oil and related products but not a critical shipping thoroughfare

Disruption to commodities far beyond oil and gas will have a long-lasting impact

Crude prices soar over potential for disruption to the narrow waterway

Investing in alternatives to this and other maritime chokepoints is costly but necessary

Near-closure of Strait of Hormuz has left thousands of ships stuck in the Gulf with limited protections for crew

Clearing mines from Gulf waterway will take weeks even if US navy receives help from reluctant European allies

President Trump says he is in talks on building coalition to open up crucial waterway