Analytics 05.03.2026 14:22 187 views

Oil Flows through the Strait of Hormuz

Latest statistics reveal that approximately 25% of the world's global oil trade passes through the Strait of Hormuz, emphasizing its vital significance. The primary sources of this oil flow are Saudi Arabia (37%), Iraq, UAE, Iran, and Kuwait.

Oil Flows through the Strait of Hormuz

China is the largest buyer of this oil, accounting for 37.7% of all shipments, followed by India at 14.7%. In contrast, Europe and the USA receive minimal amounts, suggesting that the closure of the Strait would have a limited impact on them.

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