Hormuz Under Fire: The World's Most Dangerous Chokepoint
GLOBAL OIL TRANSITING HORMUZ
21%
~17–18 million barrels per day (2024)
VESSELS ATTACKED (APR 22, 2026)
3
commercial carriers fired upon in a single day
WAR RISK PREMIUM SPIKE
0.75%
of vessel value per voyage — up from 0.05% pre-conflict
DAYS SINCE CEASEFIRE ANNOUNCED
4
Trump extension announced Apr 18; rejected by Tehran Apr 19
STRAIT WIDTH AT NARROWEST
33 km
two 3-km shipping lanes; no viable bypass for Gulf exporters
Oil & Petroleum Transit Through Strait of HormuzMillion barrels per day, 2000–2026
Hormuz-Dependent Oil ExportersShare of exports routed via the strait
% of exports routed through Hormuz
Key Questions
Sources:U.S. Energy Information AdministrationLloyd's Market AssociationIMB Piracy Reporting CentreUN Comtrade
Data sources
World Oil Transit Chokepoints· U.S. Energy Information AdministrationJoint War Committee Listed Areas· Lloyd's Market AssociationIMB Live Piracy & Armed Robbery Report· ICC International Maritime BureauBP Statistical Review of World Energy· bp p.l.c.Crude Oil Production and Exports by Country· U.S. Energy Information AdministrationWar Risk Insurance in the Strait of Hormuz· Marsh McLennanStrait of Hormuz: Background and U.S. Policy· Congressional Research Service