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Mar 2026
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> Strait of Hormuz

> Strait of Hormuz

Greece: The most dependent European country on Gulf oil

36% of the country's oil balance "passes through" the Strait of Hormuz

United Arab Emirates: Plans to participate in a multinational naval mission to the Strait of Hormuz

The possible establishment of a multinational force is aimed at ensuring the safe passage of merchant ships and tankers

The Times: The British Royal Navy will lead an international force to open the Strait of Hormuz

The so-called “Hormuz Coalition” will aim to ensure free navigation through the strait, writes the British newspaper

WSJ: US warplanes launch battle to liberate the Strait of Hormuz

A report by the Wall Street Journal states that this effort “takes on new urgency as oil prices soar”

Ankara proposes extending the pipeline linking Turkey and Iraq as an alternative to the Strait of Hormuz

This proposal was presented in an interview by Turkey’s Energy Minister as an alternative solution in case the Strait of Hormuz is closed

Reuters: daily oil production from the United Arab Emirates down over 50%

Oil production in the UAE has fallen dramatically following the escalation of the conflict with Iran and the disruption of commercial shipping in the Strait of Hormuz

240 cargo ships stranded in the Strait of Hormuz, Chinese ship transits increase

36 have been successfully passed - Shipping crisis affects 4% of the world's dry cargo

U.S. Treasury Secretary: The U.S. allows Iranian tankers to pass through the Strait of Hormuz to maintain global supply

“Iranian oil tankers have already begun leaving the area and the United States is not interfering with their passage,” Scott Bessent stressed

The blockade in the Strait of Hormuz does not only affect oil: 30% increase in fertilizer prices, concern about food production

The Strait is one of the most critical hubs for global fertilizer trade, as around one-third of international seaborne fertilizer shipments pass through this route

A tanker has caught fire following an Iranian strike in the Strait of Hormuz

The United States is preparing to send a military escort – Around 20 ships have been targeted by the Revolutionary Guards since the beginning of the conflict

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