The prolonged disruption of shipping through the Strait of Hormuz as a result of the war in Iran is reshaping discussions around energy security, highlighting the vulnerability of global fossil fuel supply chains.
Roughly one-fifth of global oil consumption passes through the Strait of Hormuz, while major liquefied natural gas exports from Qatar also rely on the route, according to Reuters. The conflict has amplified concerns about the risks associated with concentrating such a large share of global energy trade in a single strategic corridor.
