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During 2023–2025, 20% of the world's liquefied natural gas (LNG) and 25% of seaborne oil trade passed through the strait annually. It is a major source of petroleum products for Europe and Asia and has been described as "critical" to Europe's energy security
The situation In India and Chile after the closure of the Strait of Hormuz!
During 2023–2025, 20% of the world's liquefied natural gas (LNG) and 25% of seaborne oil trade passed through the strait annually. It is a major source of petroleum products for Europe and Asia and has been described as "critical" to Europe's energy security