# The Strait of Hormuz and the Goods That Flow Through It
*Canonical page:* https://truthscore.com/source/ab0963da
*Machine twins:* https://truthscore.com/source/ab0963da.md · JSON at https://truthscore.com/api/v1

Publisher: Open The Magazine · published 2026-03-12 · read 2026-09-11

Original: https://openthemagazine.com/world/the-strait-of-hormuz-and-the-goods-that-flow-through-it

*A source is testimony, not proof. The document itself is never republished here.*

## Who is named (18)

- [Bangladesh](https://truthscore.com/entity/06d4ce3b)
- [Neil Atkinson](https://truthscore.com/entity/0f4aaf2c)
- [Iraq](https://truthscore.com/entity/0fd818c2)
- [South Korea](https://truthscore.com/entity/17a8ae18)
- [Qatar](https://truthscore.com/entity/2ebf0f3a)
- [Iranian forces](https://truthscore.com/entity/34dde20d)
- [Japan](https://truthscore.com/entity/4000ae4c)
- [Brent crude](https://truthscore.com/entity/451c44d5)
- [Helium](https://truthscore.com/entity/4b4c5316)
- [UAE](https://truthscore.com/entity/5b929309)
- [India](https://truthscore.com/entity/668a6337)
- [IRGC](https://truthscore.com/entity/732fa730)
- [Saudi Arabia](https://truthscore.com/entity/7c9739f7)
- [Allianz Research](https://truthscore.com/entity/80e883e8)
- [China](https://truthscore.com/entity/84a7edc4)
- [IEA](https://truthscore.com/entity/c489aea4)
- [Pakistan](https://truthscore.com/entity/c7088b1c)
- [Strait of Hormuz](https://truthscore.com/entity/ce739370)

## What it added

- [Iranian forces shut the Strait of Hormuz to all shipping](https://truthscore.com/claim/d15f4e32)
  > Iranian forces shut the strait to all shipping
- [Brent crude briefly touched 119 dollars a barrel](https://truthscore.com/claim/4736bfd3)
  > Brent crude briefly touched 119 dollars a barrel
- [The IRGC warned of 200-dollar oil](https://truthscore.com/claim/a01655f2)
  > the IRGC warned of 200-dollar oil
- [The Strait of Hormuz is the sole maritime exit from the Persian Gulf to the open ocean](https://truthscore.com/claim/64c874c7)
  > The strait is the sole maritime exit from the Persian Gulf to the open ocean
- [Seven of the world's largest energy producers, including Saudi Arabia, Iraq, Qatar, and the UAE, depend on the Strait of Hormuz as their only export route](https://truthscore.com/claim/46236fd3)
  > Seven of the world's largest energy producers, including Saudi Arabia, Iraq, Qatar, and the UAE, depend on it as their only export route
- [Roughly 20 million barrels of oil per day transited the Strait of Hormuz in 2025, about 20% of global seaborne oil trade](https://truthscore.com/claim/720db20d)
  > According to the US Energy Information Administration, roughly 20 million barrels of oil per day transited the Strait of Hormuz in 2025, about 20% of global seaborne oil trade
- [Average crude transit through the Strait of Hormuz was over 14 million barrels per day in 2025](https://truthscore.com/claim/385003d1)
  > Kpler tanker tracking data puts average crude transit at over 14 million barrels per day through the strait in 2025
- [Saudi Arabia, Iraq and the UAE together account for nearly three‑quarters of all crude flows through the Strait of Hormuz](https://truthscore.com/claim/acaeed14)
  > Saudi Arabia leads, followed by Iraq and the UAE. Together, these three account for nearly three‑quarters of all crude flows through this global oil chokepoint
- [LNG exports through the Strait of Hormuz represent nearly 20% of all global LNG trade](https://truthscore.com/claim/0337f9f2)
  > LNG exports through Hormuz represent nearly 20% of all global LNG trade, the IEA notes
- [About 93% of Qatar's and 96% of the UAE's LNG exports transit the Strait of Hormuz](https://truthscore.com/claim/8e836b4a)
  > About 93% of Qatar's and 96% of the UAE's LNG exports transit the strait
- [A sustained closure of the Strait of Hormuz would pull over 300 million cubic metres per day off the global market](https://truthscore.com/claim/5183a086)
  > A sustained closure would pull over 300 million cubic metres per day off the global market
- [The Gulf region accounts for 16 to 18% of global seaborne fertiliser exports, and Saudi Arabia ships close to 14 million tonnes annually from its eastern ports](https://truthscore.com/claim/d274b1bd)
  > The Gulf region accounts for 16 to 18% of global seaborne fertiliser exports, and Saudi Arabia alone ships close to 14 million tonnes annually from its eastern ports
- [Qatar supplies roughly 33‑38% of the world's helium, almost all produced at Ras Laffan and exported by sea through the Strait of Hormuz](https://truthscore.com/claim/e73d9f7d)
  > Qatar supplies roughly 33‑38% of the world's helium, almost all produced at Ras Laffan and exported by sea through the strait
- [Global helium supply has been cut by a third overnight, sending spot prices up 35 to 50%](https://truthscore.com/claim/ac8f1c91)
  > With Ras Laffan now offline, global helium supply has been cut by a third overnight, sending spot prices up 35 to 50%
- [Helium is irreplaceable in semiconductor fabrication, MRI scanners, and fibre‑optic manufacturing](https://truthscore.com/claim/13319d26)
  > Helium is irreplaceable in semiconductor fabrication, MRI scanners, and fibre‑optic manufacturing, where it is used for cooling, leak detection, and precision processing
- [The disruption of helium supply risks cascading into a broader technology and healthcare supply crisis](https://truthscore.com/claim/fe4ebf29)
  > With a third of global helium effectively removed from the market overnight, the disruption risks cascading into a broader technology and healthcare supply crisis
- [About 84% of crude shipments through the Strait of Hormuz in 2024 were headed to Asian markets](https://truthscore.com/claim/45bfe37a)
  > About 84% of crude shipments through this global oil chokepoint in 2024 were headed to Asian markets, IEA data shows
- [China, India, Japan and South Korea absorb the vast majority of Hormuz crude flows](https://truthscore.com/claim/3e4cc3fb)
  > China, India, Japan, and South Korea absorb the vast majority of Hormuz crude flows
- [Bangladesh, India and Pakistan collectively imported nearly two‑thirds of their LNG through the Strait of Hormuz](https://truthscore.com/claim/43691dc1)
  > Bangladesh, India, and Pakistan collectively imported nearly two‑thirds of their LNG through the strait
- [Japan has already begun drawing on emergency stockpiles](https://truthscore.com/claim/a9ee214e)
  > Japan has already begun drawing on emergency stockpiles
- [Brent crude surged past 100 dollars a barrel on March 8, briefly hitting 119.50 dollars, the first time since Russia invaded Ukraine](https://truthscore.com/claim/d14302fc)
  > Brent crude surged past 100 dollars a barrel on March 8, briefly hitting 119.50 dollars, the first time since Russia invaded Ukraine, CNBC reported
- [The IEA authorised a release of 400 million barrels from emergency reserves, the largest in its history](https://truthscore.com/claim/ac005c09)
  > The IEA authorised a release of 400 million barrels from emergency reserves, the largest in its history
- [Allianz Research warned that a prolonged Hormuz shipping disruption could push Brent above 130 dollars](https://truthscore.com/claim/69ccb0db)
  > Allianz Research has warned, a prolonged Hormuz shipping disruption could push Brent above 130 dollars
- [The IRGC has threatened 200-dollar oil if shipping attempts continue](https://truthscore.com/claim/ea8c12c9)
  > The IRGC has threatened 200-dollar oil if shipping attempts continue
- [Neil Atkinson said the world is witnessing something energy markets had never seen before](https://truthscore.com/claim/264956eb)
  > As former IEA oil head Neil Atkinson told CNBC, what the world is witnessing is something energy markets had never seen before
- [Neil Atkinson said every day the strait stays shut, that assessment gets harder to argue with](https://truthscore.com/claim/be1f6675)
  > Every day the strait stays shut, that assessment gets harder to argue with

## Where it collides

- [Average crude transit through the Strait of Hormuz was over 14 million barrels per day in 2025](https://truthscore.com/claim/385003d1) — collides with [Crude oil exports through the Strait of Hormuz will remain low through the end of the year, and pre‑war levels won't return until the second quarter of 2027.](https://truthscore.com/claim/10a8e3b5) ([Iran War Updates: Oil tops $100 per barrel as U.S. fighter jets damaged in Iranian strikes on Jordan](https://truthscore.com/source/204510ff))
- [Iranian forces shut the Strait of Hormuz to all shipping](https://truthscore.com/claim/d15f4e32) — collides with [Trump repeatedly claimed that the Strait of Hormuz was open and under U.S. control.](https://truthscore.com/claim/3c3682c0) ([Hegseth Covered Up the Real Reason the USS Lincoln Wasn’t Resupplied](https://truthscore.com/source/3baa4959))

## What it cost

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