Strait of Hormuz Closure & Logistics: What Shippers Must Know

The Strait of Hormuz Closure—a critical 21-mile maritime chokepoint—handles roughly 20% of global seaborne oil and 20% of LNG. As tensions between Iran and the U.S. continue to escalate, Iran’s Parliament has recently signaled its intent to either close or disrupt the Strait as a form of retaliation to recent U.S. strikes. Consequently, this development […]