Energy

Premium

Strait of Hormuz, the Second Largest Global Oil Trade Route

Adi Ahdiat 02/03/2026 11:29 WIB

Bagikan URL has been copied

Memuat...

According to EIA data, the Strait of Hormuz was the second-largest oil trade route in the world in 2023.

The proportion of oil supply sent via major global sea trade routes (2023)*

A Small Font
A Medium Font
A Bigger Font

You are accessing content Single Data Premium.
To continue, please subscribe or buy individually.

Professional

Enjoy premium access with a more affordable price.

Start from

~~Rp300.000~~ 150.000/month

Access more premium content and exclusive features for customers.

Start from

50.000/month

Hanya Rp833 per artikel

More details »

Buy Retail

Read the article immediately “Strait of Hormuz, the Second Largest Global Oil Trade Route”.

Rp10.000

We accept the following payments:

Some payment methods are still in the process of being activated.

The proportion of oil supply sent via major global sea trade routes (2023)*

Download

Source

A Small
A Medium
A Bigger

The war between the United States (US) and Israel against Iran, which erupted in late February 2026, sparked concerns about the closure of the Strait of Hormuz.

The Strait of Hormuz is a shipping route in the Middle East that passes through part of Iran, which plays a crucial role in global oil trade.

"The strait is deep enough and wide enough to handle the world's largest crude oil tankers, and it is one of the world's most important oil chokepoints," said the U.S. Energy Information Administration (EIA) in its report on World Oil Transit Chokepoints (June 2024).

"Large volumes of oil flow through the strait, and very few alternative options exist to move oil out of the strait if it is closed," they said.

According to EIA data, throughout 2023, there were 20.9 million barrels of oil per day transported through the Strait of Hormuz.

This figure equates to 20.5% of the total global oil supply, making the Strait of Hormuz the second-largest oil trade route in the world, after the Strait of Malacca.

In 2023, the oil sent through the Strait of Hormuz came from Middle Eastern countries, particularly from Saudi Arabia, the United Arab Emirates, Iraq, Kuwait, Qatar, and Iran.

The oil sent through this strait was mostly destined for Asia, especially China, India, Japan, and South Korea.

Editor : Adi Ahdiat

"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."

Related Data

The US-Israel War with Iran Claims Victims in Many Countries

6 Countries That Send the Most Oil Through the Strait of Hormuz

China, the Largest Oil Buyer in the Strait of Hormuz

US-Israel Attack on Iran, Global Oil Prices Rise in Early March 2026

US-Israel Attack on Iran, Global Gold Prices Soar in Early March 2026

Maximum Shooting Range of Iran and Israel Missiles

Latest Data Stories

Tomorrow's Weather in West Sumbawa: Temperature 22-22°C Demographics 02/03/2026, 16:32 WIB

Average Monthly Per Capita Expenditure in Southeast Sulawesi 2015 - 2024 Consumer Services & Health 02/03/2026, 16:11 WIB

Total Average Monthly Per Capita Expenditure in Rural Areas for the 2013-2023 Period Market 02/03/2026, 15:20 WIB

Electricity Tariffs, a Major Contributor to Indonesia's Annual Inflation in February 2026 Economics & Macro 02/03/2026, 15:19 WIB

Indonesia's Annual Inflation Increased in February 2026 Economics & Macro 02/03/2026, 14:58 WIB

World Oil Price Rises to US$70.8 per Barrel (Monday, March 02, 2026) Market 02/03/2026, 14:54 WIB

Download

Source

Strait of Hormuz, the Second Largest Global Oil Trade Route

Tags

Related Data

The US-Israel War with Iran Claims Victims in Many Countries

6 Countries That Send the Most Oil Through the Strait of Hormuz

China, the Largest Oil Buyer in the Strait of Hormuz

US-Israel Attack on Iran, Global Oil Prices Rise in Early March 2026

US-Israel Attack on Iran, Global Gold Prices Soar in Early March 2026

Maximum Shooting Range of Iran and Israel Missiles

Latest Data Stories

Popular Data

Strait of Hormuz, the Second Largest Global Oil Trade Route

Tags

Related Data

The US-Israel War with Iran Claims Victims in Many Countries

6 Countries That Send the Most Oil Through the Strait of Hormuz

China, the Largest Oil Buyer in the Strait of Hormuz

US-Israel Attack on Iran, Global Oil Prices Rise in Early March 2026

US-Israel Attack on Iran, Global Gold Prices Soar in Early March 2026

Maximum Shooting Range of Iran and Israel Missiles

Latest Data Stories

Trending Topics

Popular Data