Iran has selectively reopened the Strait of Hormuz, a vital global oil chokepoint, to five 'friendly nations' including India, China, and Russia while blocking adversaries. This geopolitical maneuver during regional conflict has caused global oil price surges and poses significant energy security risks for India, which sources much of its oil from West Asia.
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- ›Nations Granted Passage: India, China, Russia, Iraq, Pakistan
- ›Strait of Hormuz Significance: Handles ~20% of global oil & LNG
- ›Target this Data: The Strait of Hormuz handles roughly 20% of global oil and LNG transit.
- ›Target this Nodal Body: The Iranian Foreign Ministry (announcement by FM Seyed Abbas Araghchi).
- ›Target this List: The five nations granted passage: India, China, Russia, Iraq, Pakistan.
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