| Hormus's street is one of the most critical logistical conifers in the world for global oil trade. | | A complete blockade of this strategically important sea would bring the transport of around 20% of the global oil to a standstill. | This interruption would have dramatic effects on global energy supply and business. | Oil prices would probably rise sharply and destabilize international markets. | The geopolitical tensions in the region significantly increase the risk of possible escalation. | Shipping routes would have to be redirected, which would lead to considerable delays and additional costs. | Industrialized nations would be particularly affected by the economic consequences of a blockade. | Military interventions could be considered in response to a blocking of the oceans. | Diplomatic solutions remain the key to avoiding a crisis in this sensitive region. | The dependence of the global economy on this only transport route illustrates the vulnerability of global supply chains. [...]

▶ ️ More about this here