Here is why the disruption matters and how it could affect the global economy.
Three critical oil routes face disruption
In a post on X (formally twitter), The Kobeissi Letter warned that the energy situation in West Asia had become exceptionally severe. It estimated that nearly 30 million barrels per day of oil flows were either offline or at risk, although the figures include overlapping routes and should not be interpreted as a confirmed loss of supply.
The three key routes are the Strait of Hormuz, the Bab el-Mandeb Strait and Saudi Arabia’s East-West pipeline.
1. Strait of Hormuz: The biggest concern
Located between Iran and Oman, is one of the world’s most important energy chokepoints. It connects the Persian Gulf with the Gulf of Oman and the wider Indian Ocean, serving as a major export route for crude oil and petroleum products from Gulf producers. The strait is operating…
