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Why is the Strait of Hormuz So Important?

10 April 2026

Normally, a fifth of global gas and oil trade passes through this chokepoint. That’s 20 million barrels of oil a day.

But why are people talking so much about this one small waterway – and how important is it really to the global economy?

Our video primer reveals all – from the critical importance of the Strait of Hormuz to oil, gas and commodities trades, to how long the economic disruption could potentially last.

The Global Risks Report named geoeconomic confrontation as the leading risk facing the planet in the near future. Read more: https://ow.ly/kG0H50YFEUn

About Susan Mckenzie

Susan has been providing administration and consultation services on various businesses for several years. She graduated from Western Washington University with a bachelor degree in International Business. She is now a Vice-President, Global Administration at World Certification Institute - WCI. She has a passion for learning and personal / professional development. Love doing yoga to keep fit and stay healthy.
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