Strait of Hormuz crisis is redrawing the global energy map

The Strait of Hormuz, a 39 km-wide waterway flanked by Iran to the north and Oman and the UAE to the south, is a passage through which one-fifth of the world’s oil flows each day. For decades, it has been a strategic chokepoint, considered a critical vulnerability in global energy security. On Feb. 28, this vulnerability was laid bare when Iran’s Islamic Revolutionary Guard Corps issued a stark warning in the wake of US and Israeli strikes on Iranian nuclear facilities and the assassination of Supreme Leader Ali Khamenei. It said no vessels would be allowed to pass.

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