Any closure of the strait could choke oil flows vital to Asian economies, analysts warn.

Any closure of the strait could choke oil flows vital to Asian economies, analysts warn.

The Strait of Hormuz is considered “the world’s most important chokepoint,” with about 20% of global oil supply passing through it.

Blockage of strait of Hormuz, through which about 25% of world’s oil passes, could shock energy market, says Wael Sawan