Strait of Hormuz – key oil waterway The Strait of Hormuz is one of the world’s most crucial oil transport routes, with a third of global oil tanker traffic – carrying 18.5 million barrels of crude and condensate – passing through the strait every day Iranian Revolutionary Guard Corps naval bases Maritime boundary Deep-water shipping lane IRAN Sirri IRAN UAE PERSIAN GULF Abu Dhabi 25 miles 40km Abu Musa Occupied by Iran, claimed by UAE Bandar-e-Abbas Larak Island Qeshm IRAN OMAN OMAN STRAIT OF HORMUZ UNITED ARAB EMIRATES Fujairah OMAN Jask IRAN OMAN Shipping lanes for tankers are just two nautical miles wide, separated by buffer zone IRAN IRAQ SAUDI ARABIA UAE Tehran Bahrain: HQ of U.S. 5th Fleet Iranian crude oil and gas condensate shipments (thousand barrels per day, June 2018) Crude oil 2.28 million bpd Condensate 330,000 bpd 2.61 million bpd China India South Korea Turkey Italy Japan UAE Spain France Greece Others 648 502 314 165 155 138 127 114 109 77 261 Sources: MEHR News Agency, S&P Global Platts, Stratfor © GRAPHIC NEWS