Close Menu
  • Home
  • Europe
  • United Kingdom
  • World
  • Politics
  • Business
  • Culture
  • Health
  • Sports
  • Tech
  • Travel
Trending

What NHS overhaul means for you as Keir Starmer unveils 10-year ‘reform or die’ plan

July 3, 2025

Body of teenage boy pulled from Suffolk river after he entered water with friends

July 3, 2025

Man who tried to kill wife in ‘frenzied’ bow and arrow attack jailed for 20 years

July 3, 2025
Facebook X (Twitter) Instagram
Facebook X (Twitter) Instagram YouTube
Se Connecter
July 3, 2025
Euro News Source
Live Markets Newsletter
  • Home
  • Europe
  • United Kingdom
  • World
  • Politics
  • Business
  • Culture
  • Health
  • Sports
  • Tech
  • Travel
Euro News Source
Home»Business
Business

Israel-Iran crisis: How vital is the Strait of Hormuz for oil market?

News RoomBy News RoomJune 16, 2025
Facebook Twitter WhatsApp Copy Link Pinterest LinkedIn Tumblr Email Telegram

The flare-up of tensions between Israel and Iran has reignited concerns over the security of the Strait of Hormuz, a vital channel that transfers nearly a third of global seaborne oil and a fifth of globalnatural gas exports. This narrow but critical waterway, approximately 29 nautical miles wide, acts as a significant chokepoint for the Persian Gulf and the Gulf of Oman, while connecting the Arabian Sea with the Persian Gulf. Its sensitivity to external factors underscores its importance to global energy markets.

The strategic link formed by the

Share. Facebook Twitter Pinterest LinkedIn Telegram WhatsApp Email

Keep Reading

Tesla sales fell sharply in the last three months, and Musk is to blame

Business July 2, 2025

Paramount pays Trump $16 million to settle ‘60 Minutes’ lawsuit

Business July 2, 2025

Poland trials a four-day working week: A step towards the future?

Business July 1, 2025

US stocks rise as investors prepare for Trump’s tariff deadline

Business July 1, 2025

Nike expects US tariffs to cost it $1bn and warns of falling sales

Business June 27, 2025

C-suite overconfidence in AI could prove bad for business, says survey

Business June 27, 2025

RTL to buy Sky Deutschland for €150mn in TV consolidation effort

Business June 27, 2025

Tariffs: France and Germany pursue different tacks towards US deal

Business June 27, 2025

How much more have billionaires amassed in the last 10 years?

Business June 26, 2025

Editors Picks

Body of teenage boy pulled from Suffolk river after he entered water with friends

July 3, 2025

Man who tried to kill wife in ‘frenzied’ bow and arrow attack jailed for 20 years

July 3, 2025

Donegal crash: Young girl dies as three others rushed to hospital in serious condition

July 2, 2025

‘I’m GP – here’s why more funding is desperately needed for NHS 10-year plan’

July 2, 2025

Latest News

Bob Vylan facing second police investigation after ‘death to IDF’ chants

July 2, 2025

Truth behind Spice Girls ‘feud’ ahead of Mel B’s star-studded wedding

July 2, 2025

Man’s eight alleged chilling words after running over wedding brawl Good Samaritan

July 2, 2025

Subscribe to News

Get the latest Europe and World news and updates directly to your inbox.

Facebook X (Twitter) Pinterest Instagram
2025 © Euro News Source. All Rights Reserved.
  • Privacy Policy
  • Terms
  • Contact

Type above and press Enter to search. Press Esc to cancel.

Sign In or Register

Welcome Back!

Login to your account below.

Lost password?