Closure of the Strait of Hormuz caused major oil supply disruption, leading to sharp reductions in crude imports by China.

The entities involved

• Middle East →

  geopolitical region encompassing Egypt and most of Western Asia, including Iran

  • A US Air Force base in Fairford, located near the Oxfordshire border, is being utilized due to actions in the Middle East.Mon 17:54
  • Authorities are investigating an incident at a base in Fairford, with possible links to Iran and Russia.Mon 17:54

Related events

• The closure of the Strait of Hormuz has impacted global energy markets, leading to the removal of 10-12 million barrels a day of crude oil from global supplies.Jun 11
• The Strait of Hormuz was closed to international shipping and a blockade imposed, disrupting global energy and supply chains.Jun 11
• The closure of the Strait of Hormuz due to conflict is causing supply shocks, but some entities are demonstrating resilience.Jun 7
• Oil flows through the Strait of Hormuz as geopolitical risks in the Middle East affect oil prices, with Iraq ready to resume production.Jun 19
• The Strait of Hormuz remains critical for oil production amid ongoing regional geopolitical conflict, prompting economic assessments.Jun 17