Global Oil Flows Disrupted as Hormuz and Bab al-Mandeb Straits Face Restrictions

The Strait of Hormuz and Bab al-Mandeb Strait are experiencing significant restrictions, affecting global oil flows.

These chokepoints are vital for transporting a large portion of the world's oil supply. The Strait of Hormuz previously carried about 20% of the global seaborne oil, while its near standstill is a major blow to oil distribution.

The disruption at the Bab al-Mandeb Strait further complicates routes between the Middle East, Europe, and Asia, adding pressure to global supply chains.