Hormuz Strait
The Strait of Hormuz is a waterway between the Persian Gulf and the Gulf of Oman. On the north coast lies Iran, and on the south coast lies the Musandam Peninsula under the Musandam Governorate of Oman, with a portion of the southwest of the peninsula under the United Arab Emirates (UAE). The strait is about 104 miles long, with a width varying from about 60 mi to 24 mi.
Beyond's analysis on Hormuz Strait
- — Italy prepares EU safeguard clause request for energy spending, citing Hormuz impact equivalent to 0.6% of GDP over two years, with 7 billion euros already allocated in 2026 for energy and defense priorities including aircraft, cybersecurity, and drones
- — U.S. energy output buffers global markets from Hormuz Strait supply disruption
- — Germany's temporary fuel tax rebate ends, raising gasoline and diesel prices from July 1
- — Tanker rerouting signals market expectations of Hormuz Strait reopening