Daily Archives: April 6, 2026

The Role of the Strait of Hormuz in the Global LNG Market:

The Middle East, with a share of approximately 20% of global LNG supply (equivalent to 86 million tons per year, mainly by Qatar, along with some contributions from the UAE and Oman), plays a vital role in meeting the world’s demand for liquefied natural gas. The Strait of Hormuz, as a critical energy chokepoint, controls…

The Strait of Hormuz and its impact on oil imports of countries around the world

Based on the latest data from 2024, countries around the world import approximately 45 million barrels of crude oil per day, with China ranking first at 11.07 million barrels per day (24.6% of total global imports). Following China, the United States imports 6.59 million barrels (13.2%), India 4.84 million barrels (10.8%), South Korea 2.76 million…