With a third of the world’s sea-borne oil passing through it every day, the Strait of Hormuz is a strategic artery linking Middle East crude producers to key markets in Asia Pacific, Europe, North America and beyond. Last week, an Iranian Revolutionary Guards commander threatened that Tehran will block oil shipments through the waterway in response to calls of the United States to ban all Iranian oil exports
What is it?
It is a waterway separating Iran and Oman, connecting the Gulf to the Gulf of Oman and the Arabian Sea. It is 21 miles wide at its narrowest point, but the shipping lane is only two miles wide in either direction.
Why it matters?
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