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Crude Oil and LNG Shipped Through the Strait of Hormuz Mostly Destined for Asia

Akbar Ridwan 17/03/2026 10:45 WIB

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According to the United Nations Conference on Trade and Development (UNCTAD), the disruptions occurring in the Strait of Hormuz threaten global energy supplies, particularly to Asia.

Percentage of Crude Oil and Liquefied Natural Gas Transported Through the Strait of Hormuz by Destination (2024)*

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Percentage of Crude Oil and Liquefied Natural Gas Transported Through the Strait of Hormuz by Destination (2024)*

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According to the United Nations Conference on Trade and Development (UNCTAD), disruptions in the Strait of Hormuz threaten global energy supplies, especially to Asia.

These disruptions occurred after the United States (US) and Israel launched an aggression against Iran on February 28, 2026.

Iran then retaliated against the attacks, one of which was by restricting traffic in the Strait of Hormuz.

UNCTAD said that the restrictions in the strait could have an impact on the supply of crude oil and liquefied natural gas (LNG).

UNCTAD data show that in 2024, about 14.3 million barrels of crude oil and 10.4 billion cubic feet of LNG were transported through the Strait of Hormuz every day.

Of that amount, the majority of crude oil and LNG was sent to the Asian region, with a much larger portion than to Europe and other regions.

Here are the breakdowns of the percentage of crude oil and LNG transported through the Strait of Hormuz in 2024 by destination:

Asia

Crude oil: 84%
LNG: 83%

Europe

Crude oil: 5%
LNG: 13%

Other regions

Crude oil: 11%
LNG: 4%

Editor : Erlina Fury Santika

"Disclosure: This is an AI-generated translation of the original article. We strive for accuracy, but please note that automated translations may contain errors or slight inconsistencies."

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Crude Oil and LNG Shipped Through the Strait of Hormuz Mostly Destined for Asia

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Crude Oil and LNG Shipped Through the Strait of Hormuz Mostly Destined for Asia

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