Strait of hormuz: After the Israeli attack on Iran, tension in West Asia has increased considerably. Amidst the attack on Iran’s important nuclear installations, the one thing that is being discussed in the world at this time in the whole world is a hormuz strait. It is a narrow but important waterway between Iran-Oman and the southern part of the UAE. It connects the Gulf of Persia to the Gulf of Oman and then to the Arabian Sea.
It is far away from India, but whatever will happen here will be directly affected by your fuel bill to business and even the stock market. Hormuz Jamdamarumadhya is just 21 mile i.e. about 34 kilometers wide and 161 km long.
What is importance?
The hormuz is very important for the import and export of both the strawed crude oil and gas. This is followed by many important bandhgahs, such as Iran’s monkey Abbas who is an important naval and commercial port. Apart from this, it has a UAE Fujaria port, which is important oil reserves and shipping center point. Oman has Sohar Bandarah, which is used for business and shipping re-nuts. In addition, Qatar has Ras Lafan, which is an important LAG export port.
With this strait, about the fifth part of the world’s oil i.e. 17 million per barrel passes through this route daily. This is the way of export of oil producing countries like Saudi Arabia, Iran, Iraq, Kuwait, Qatar and UAE. According to the US Energy Information Administration, about 83 percent of the oil passing through here reaches the Asian market.
Why worry about Iran’s threat?
Iran has threatened to shut down this hormuz strainer from Israel. However, this is not the first time that Iran has threatened such a threat. In such a situation, this oil vein is also being called in view of this importance of Strait. Experts believe that if any obstruction in the hormuz straw, global energy prices will increase, shipping cost will increase and supply will be delayed.
Another question arises whether Iran can stop it? Actually, according to the Iranian law, he controls the most narrow part of it, but the international conference states that Iran is not allowed to work at the cost of the rhyth of foreign ships.
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