Strait of Hormuz

The Strait of Hormuz is a narrow waterway between Iran and Oman that connects the Persian Gulf to the Arabian Sea. It is one of the world's most critical chokepoints for global energy trade, with a large share of the world's oil passing through it daily. Control of the strait has long been contested, with Iran claiming sovereignty over the waters and the United States maintaining a military presence to ensure freedom of navigation.

Tensions over the strait have intensified following disputes between the United States and Iran. These include disagreements over territorial claims, with the US asserting control and Iran rejecting such assertions, as well as incidents involving attacks on vessels transiting the waterway. Oil prices have been volatile in response to disruptions to shipping and the broader state of US-Iran relations, including discussions around potential deals and the expiration of previous agreements. The strait's strategic importance means that any prolonged conflict or closure would disrupt global energy supplies and international trade.