Countries most reliant on Strait of Hormuz for energy
pre-market1 source ↓written by the desknot a recommendation
- which facilitates
- 20% of global oil
- supplies daily
- 25% of LNG
India, China, Japan, South Korea, and several European nations depend heavily on the Strait of Hormuz, which facilitates 20% of global oil and 25% of LNG supplies daily. Any disruption in this critical corridor could lead to immediate supply risks and price shocks for these countries, particularly affecting India's fuel prices and inflation.
Not investment advice. For informational purposes only.