Iranian retaliation more likely in Red Sea than Strait of Hormuz, analysts say

Closing vital waterway would have a massive impact on global oil markets

Roughly a third of the world’s seaborn crude oil passes through the Strait of Hormuz daily.
Roughly a third of the world’s seaborn crude oil passes through the Strait of Hormuz daily.Photo: NASA
Published 13 June 2025, 10:19Updated 16 June 2025, 06:54
Strait of HormuzIranIsraelRed SeaRed Sea crisis