20 mb/d, around 25% world seaborne oil trade, transits the Strait – 80% destined for Asia. 4%, of the region’s crude flows are routed into Europe
LNG - In 2025, almost 90% of the total volumes exported via the Strait of Hormuz was destined to the Asian market, while the share of Europe was just over 10%.
Volume of oil (or LNG) isnt really the problem for the western hemisphere, its the doubling of price.
