The Strategic Role of the Strait of Hormuz in Global LNG Trade
The Strait of Hormuz is the backbone of global energy trade. This strait is not only a key oil distribution route, but even more critically, a vital pathway for LNG (Liquefied Natural Gas). According to IEA data, around 34% of global crude oil trade passes through this strait. For LNG, approximately 93% of Qatar’s LNG […]
Why the Hormuz Crisis Triggers Oil and Gas Price Volatility
The oil and gas market is one of the commodities most vulnerable to geopolitical dynamics. Even minor disruptions in major logistics routes can spread across multiple sectors simultaneously. This became evident when the conflict in Iran led to the closure of the Strait of Hormuz, a route responsible for transporting around 20% of the world’s […]
The Domino Effect of the Iran War on Oil and Gas
Iran is known as one of the largest oil and gas producers in the Persian Gulf region. The country holds the world’s third-largest oil reserves and the second-largest natural gas reserves. It also plays a critical role in global energy supply, particularly for Asian countries. When the United States and Israel launched attacks against Iran […]
