Explainer: How important is the Strait of Hormuz
Following the U.S.-Israeli military strikes against Iran that began on Saturday, global attention has turned to the Strait of Hormuz, particularly after Iran warned it could disrupt transit through this vital waterway in retaliation, sending shockwaves through international markets.
What makes the strait so vital? Has this critical passageway ever been closed before? Is a complete blockade feasible?
WHY THE