By Tag Clar Editorial
Following the escalation of tensions between the United States and Iran, the Strait of Hormuz, one of the most important maritime routes for global trade, has witnessed a significant drop in ship traffic. This strait, recognized as the main passage for the transfer of oil and strategic goods, has now become a scene of crisis.
Why has the Strait of Hormuz become so critical?
Several ships have refrained from passing through this area due to fears of military conflicts and potential threats. This situation is not only unfavorable for the Gulf countries but could also have negative impacts on the global energy market and international trade.
While the Strait of Hormuz typically hosts over 20 percent of the world's total oil, the current reduction in navigation has sharply increased concerns about rising prices and disruptions in energy supply. Experts believe that the continuation of this situation could have dire consequences for the global economy.
