Hormuz looms large in U.S.-Iran showdown The Strait of Hormuz is once again in focus as a possible U.S. intervention in Iran raises the risk of Tehran disrupting one of the world’s most critical energy chokepoints Strait of Hormuz: About 20% of global oil and gas flows through narrow shipping lane CRUDE OIL FLOW THROUGH STRAIT (2020-1Q25, mbpd) 20 million barrels: Daily average of oil and products passing through Hormuz 0 5 10 15 20 2020 2021 2022 2023 2024 1Q25 19.1 19.4 21.4 21.4 20.3 20.1 DESTINATION BY COUNTRY (1Q25, mbpd*) Around 84% of oil goes to Asian markets China 5.4 India 2.1 Other U.S. Europe Total 14.3 0.6 0.4 0.5 S. Korea 1.7 Japan 1.6 Other Asia 2.0 About 2.6 mbpd of Saudi and UAE pipeline capacity could bypass Strait of Hormuz if supplies are disrupted, EIA says Pipelines bypassing Hormuz Million barrels per day (mbpd) Persian Gulf Caspian Sea Black Sea Mediterranean Sea Suez Canal Arabian Sea Gulf of Oman Gulf of Aden Bab al-Mandeb Red Sea IRAQ SYRIA LEB. ISRAEL YEMEN DJIBOUTI ERITREA ETHIOPIA SOMALIA SUDAN JORDAN KUWAIT BAHRAIN QATAR UAE OMAN TÜRKIYE SAUDI ARABIA EGYPT IRAN Petroline (East-West Pipeline) 5 mbpd Abu Dhabi Crude Oil Pipeline 1.5 mbpd Goreh-Jask Pipeline 350,000 bpd Sumed Pipeline 2.5 mbpd Kirkuk-Ceyhan Oil Pipeline 1.5 mbpd Fujairah Yanbu Rabigh Habshan Abqaiq Jask Oil Terminal Goreh Oil Terminal Ceyhan Kirkuk Ain Sokhna Terminal Sidi Kerir Tehran 125 miles 200km Sources: EIA, Energy Intelligence, Bloomberg *excludes petroleum products © GRAPHIC NEWS