strait of hormuz

Fri, 01 May 2026 16:45:01 +0000

War-risk insurance withdrawals in the Strait of Hormuz reveal how governments are stepping in as private insurers retreat amid rising geopolitical risk. Around a quarter of the worlds crude oil passes through the Strait of Hormuz, but where does the other 75% come from? This interactive chart shows which countries have the biggest crude. The Strait of Hormuz in particular remains a critical global chokepoint where disruption threatens not just oil shipments but also fertilizer access and high-tech supply chains. Asymmetric. Around a fifth of the worlds oil passes through the Strait of Hormuz, making it the most important oil artery in the world - and the centre of political tensions.