The Hormuz chokepoint poses a genuine threat to global energy supply, prompting the search for alternative land routes through Turkey, Iraq, and Syria.
1 report, 1 independent
Updated Jun 24
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What happened
The Hormuz chokepoint poses a genuine threat to global energy supply, prompting the search for alternative land routes through Turkey, Iraq, and Syria.
Who's involved
What this event is mainly aboutHow it developed
Newest first. Tap a step to see who reported it.- Turkey maintains its military presence in northern Iraq.Sub-event
- LNG tankers transit near Hormuz.Sub-event
- IMO received safety guarantees for vessels transiting the Gulf as oil prices test down due to Hormuz chokepoint activity.Sub-event
Energy supply threatened by Hormuz chokepoint; alternative land routes sought through Turkey, Iraq, and Syria.1 source
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The entities involved
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Hormuz
city in Hormozgan Province, Iran
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Turkey
country in West Asia and Southeast Europe
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Iraq
sovereign state in Western Asia
Related events
- Geopolitical tensions affect critical chokepoints.
- The Strait of Hormuz, a key energy chokepoint, is the subject of proposed tariffs affecting buyers of Russian energy, while a controlling stake is held by Tata Trusts.
- Houthi attacks have disrupted Saudi oil exports, forcing crude to be rerouted through the Red Sea terminal at Yanbu.
- Chokepoint status affects global oil market prices, leading to a phased deal to reopen the chokepoint and lift blockades.
- Iran controls the chokehold on the Hormuz Strait. Talks between Iran and Oman raise hopes for reopening. U.S. sanctions impact Iran's oil market via Bloom Energy.