The Importance of the Strait of Hormuz as a Vital Artery of the Global Economy

The importance of the Strait of Hormuz is not only political; it is considered a vital artery of the global economy. The Strait of Hormuz is the only narrow maritime passage connecting the Persian Gulf to the Gulf of Oman and international waters. It serves as the sole export route for many of the world’s […] The post The Importance of the Strait of Hormuz as a Vital Artery of the Global Economy appeared first on Iran Focus.