One-fifth of the world’s oil and gas passes through the Iranian-controlled Strait of Hormuz

Strait of Hormuz, vital for global oil trade, faces threat amid Iran-Israel conflict, impacting oil prices and shipping.

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…

Closing critical ‘choke point’ for oil risks triggering fresh energy crisis and global recession