The world's most important 21 miles
Middle East,Energy,Strait of Hormuz,Global Oil Supply,Oil Production,Big Oil
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When the United States and Israel attacked Iran on Feb. 28, Iran retaliated with attacks that effectively closed the Strait of Hormuz. Oil prices spiked worldwide β and the oversized importance of the strait became crystal clear.
Here is a look at the strait's significance in maps and charts.
What is the Strait of Hormuz?
The Strait of Hormuz is a narrow passage of water between the Persian Gulf and the Gulf of Oman. It is used to transport a number of valuable commodities β most notably, oil...
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