Strait of Hormuz: the critical point of global oil under scrutiny after offensive against Iran

The Strait of Hormuz, between Iran and Oman, is one of the most strategic maritime passages in the world: nearly 20% of global oil and gas transits through it. With just 33 km at its narrowest point, any blockade would have devastating consequences for the global economy, raising prices and affecting Europe and Asia. Iran has threatened to close it in case of an attack, recalling the crisis of 1984 during the war with Iraq.