Strait of Hormuz Crisis: How the U.S.-Israel attacks on Iran impacts global oil supply

The Strait of Hormuz is the world’s most critical energy chokepoint. Every day, over 20 million barrels of oil which is roughly one-fifth of global supply pass through this narrow shipping corridor connecting the Persian Gulf to global markets. Now, rising tensions after U.S.- Israel attacks on Iran have raised fears of disruptions in this vital route. Iran has warned that the strait is off limits, while the United States has indicated it may deploy naval escorts for commercial oil …