Strait of Hormuz: A Critical Route for Global Oil Supply at Risk

Crude Oil From Strait of Hormuz: Amid rising tensions in the Middle East, the Strait of Hormuz has once again come to the center of global discussion आहे.इराणच्याइस्लामिक The Revolutionary Guard Corps (IRGC) has warned that not a single drop of oil will be allowed to go out of this route if the situation becomes more serious. According to experts, if this important sea route is closed, then there can be a big impact on the oil supply in the world market and there is a possibility of a big increase in fuel prices. Why is the Strait of Hormuz so important? The Strait of Hormuz is a narrow sea route connecting the Persian Gulf and the Arabian Sea. Its width is about 33 kilometers. However, such a short route supplies about 20 to 25 percent of the world's crude oil. Apart from this, a large amount of natural gas is also transported through this route, which is also a major security route for oil producers like India.