Israel-Iran war: Hormuz, the world's oil chokepoint, is under tension
- Posted on June 25, 2025
- By Le Monde
- 2 Views
Israel-Iran war: Hormuz, the world's oil chokepoint, is under tension
A blockade of the strait, through which one-fifth of global oil consumption passes, would have a catastrophic impact on the world economy. Iran, which depends on its oil revenues, has much to lose, as does China, its main customer.
