War Alert: Strait of Hormuz Crisis Deepens as Iran Blocks Key Oil Route, Global Energy Markets Shake

The Strait of Hormuz, a narrow sea passage located between Iran and Oman, has become a major flashpoint in the ongoing conflict. This strategic waterway connects the Persian Gulf to the Gulf of Oman and is one of the most important global energy routes. Every day, nearly 20 million barrels of crude oil—around 3.18 billion liters—pass through this route. About 84% of this oil supply goes to Asian countries, while 5% goes to Europe and 11% to other regions. In addition, nearly 104 billion cubic feet of LNG shipments move through the strait daily, with 83% heading to Asia, 13% to Europe, and 4% to other parts of the world. However, in response to military actions by United States and Israel, Iran has reportedly blocked or disrupted traffic through the Strait of Hormuz. This move has triggered panic in global energy markets. For the first time in nearly four years, global crude oil prices surged to $120 per barrel, sparking concerns about a worldwide energy crisis. US President Donald Trump reacted strongly, warning that the United States would continue its military campaign, referred to as Operation Epic Fury, to ensure that global oil supplies remain open. Trump warned Iran that any attempt to block the oil route could lead to severe military retaliation. Meanwhile, Amin Nasser, the head of the world’s largest oil company Saudi Aramco, warned that prolonged conflict in the Strait of Hormuz could be disastrous for global energy companies and markets. The United States has also reportedly intensified strikes near Bandar Abbas, a major Iranian port close to the strait. However, analysts say gaining full control of the Strait of Hormuz would be extremely difficult because Iran continues to demonstrate its naval power using missiles and drones.