The world is full of critical points that shape global politics, economics, and security. In 1904, British Admiral John Fisher identified five key locations that "lock" the world: the Strait of Dover, ...

TOKYO -- Asia's dependence on oil and gas from the Middle East makes it highly vulnerable to any closure of the Strait of Hormuz, a vital waterway for oil and gas shipments that is now in Iran's ...

Iran threatened to close the Strait of Hormuz, a vital shipping lane handling 20% of global petroleum demand, in response to ...

Strait of Hormuz blockade, Iran-Israel war escalation to impact India's trade with West Asia: Experts The Strait of Hormuz, which lies between Iran to the north and Oman and the United Arab ...

A narrow passage of water called the Strait of Hormuz is the primary route for Middle Eastern countries shipping oil and petroleum products from the Persian Gulf to the rest of the world. Iran has ...

Tokyo (AsiaNews) – Closing the Strait of Hormuz, which Iran has threatened to do following US airstrikes against its nuclear facilities, would especially harm Asian economies.

While there have been no major disruptions to the global oil supply so far, the attacks on Iran — by Israel and then the US — have rattled investors, sending oil futures soaring by around 10% since ...

About 20 million barrels of oil per day, or around 20% of the world’s oil consumption, passed through the strait in 2024. Most of that oil goes to Asia. The strait connects the Persian Gulf with the ...

Trending on NextShark: Why Iran’s Strait of Hormuz matters to Asia Additional Southeast Asian countries maintain significant exposure to potential disruptions, with Malaysia, Pakistan, the Philippines ...

India Today's Akshita Nandagopal explains the strategic significance of the Strait of Hormuz amid the West Asia conflict, US bombing of Iranian nuclear sites, Donald Trump's bid for a Nobel Peace ...

Up to 20 million barrels of oil pass each day through the strait, one-fifth of the global supply, most of it destined for East Asia’s biggest economies – China, South Korea and Japan. The neck ...

Around 84% of oil passing through the Strait of Hormuz is destined for Asia, leaving the economies of China, India, South Korea and others vulnerable should Iran blockade the crucial trading route ...