A quarter of the world's seaborne crude oil trade passed through the Strait of Hormuz in 2025.
Oil output reductions range from 25% to 80% among Gulf countries.
The conflict in the Middle East has significantly impacted global oil supply.
A quarter of the world's seaborne crude oil trade passed through the Strait of Hormuz in 2025.
Oil output reductions range from 25% to 80% among Gulf countries.
The conflict in the Middle East has significantly impacted global oil supply.