Securing energy supplies has become the top priority for countries worldwide since the outbreak of the war in Iran and its brazen aggression in the region. The cause is a vital waterway, the Strait of Hormuz, through which 20% of global oil and gas consumption passes.
Energy Security Threatened by Conflict in the Strait of Hormuz
Since the outbreak of war in Iran and its aggression in the region, securing energy supplies has become the top priority for countries worldwide. The Strait of Hormuz, through which 20% of the world's oil and gas is transported, is at the center of this crisis.