12 resultsfor “importance of the Strait of Hormuz for oil transport”
transportation and aviation that are important to the military. China buys more than 80% of Iran’s oil, which before the US counter-blockade of the strait of Hormuz
Strait of Hormuz. “We don’t get any of our oil from the US,” Buckley told Al Jazeera. “I would put absolutely no reliance on our historic alliance with America as to helping Australia sail
Transport Commissioner Apostolos Tzitzikostas insisted on Tuesday. The EU official’s bid to calm worries came amid the [continued blockade of the Strait of Hormuz](/news/2026/4/19/what-to-know-about-us-iran-standoff-over-the-strait-of-hormuz), which is normally the passage for one-fifth
Hormuz, which normally carries about one-third of global seaborne fertiliser and one-quarter of seaborne oil. “Food prices will definitely rise in the coming months, making it more difficult for many people around
important that people buy as much fuel as they need, but no more, no less,” Bowen said. ## ‘Very challenging incident’ Incident controller Mark McGuinness said a “significant leak” of highly flammable gases and liquid hydrocarbons
strait of Hormuz. Last week the head of the International Energy Agency said flight cancellations would come soon if oil supplies from the Middle East were not restored, adding that [Europe had only six weeks
oil and energy prices. A poll in the U.K. shows 1 in 10 people are already stockpiling fuel. British defense officials have previously floated the idea of deploying autonomous mine-hunting systems from motherships sent
transports crude from the Adriatic Sea to refineries in Croatia, Serbia, Hungary and Slovakia. Their refiners, which are controlled by Hungarian oil and gas company MOL, are capable of processing non-Russian crude, the research
important mediating role as its leaders hold high-level talks in Tehran and the Gulf. Amid a renewed push to end the war, a Pakistani delegation, led by army chief Field Marshal Asim Munir
Hormuz is a natural waterway governed by the law of the sea, which guarantees freedom of passage, and it cannot be treated as a channel subject to sovereign control or political extortion. Any attempt
Strait of Hormuz a "guillotine issue." The U.S. [set a record for LNG exports in March](https://www.reuters.com/business/energy/us-lng-exports-break-record-high-middle-east-war-disrupts-global-supply-2026-04-01/), but the U.S. only has so much capacity for production and exports. Making LNG requires cooling
Strait of Hormuz may create the impression that the world cannot function without fossil fuels. Nothing could be further from the truth. Every single industry can and must decarbonise. For global shipping, this process would