- The Strait of Hormuz is partially blocked / highly restricted due to the ongoing USโIsraelโIran conflict
- Iran has effectively limited passage, allowing only selective ships
- Around 20% of global oil supply normally passes through this route โ huge global impact
โ ๏ธ Security & Attacks
- Iran has attacked multiple ships and warned it may target vessels linked to the US & allies
- Reports confirm:
- Ships hit by missiles / projectiles
- Naval mines deployed
- Ongoing drone and missile strikes in Gulf region
๐ Result: Shipping traffic has dropped up to ~95% in some periods
๐ข Shipping Status
- Very limited movement โ only a few ships crossing with high risk
- Some ships are:
- Turning off tracking systems
- Waiting outside the strait
- Example:
- Indian LPG tanker Nanda Devi reached Gujarat safely
- Iran allowed select Indian ships as exceptions
๐ฎ๐ท Iranโs Position
- Iran says:
- Strait is โopenโ but NOT for enemies (US, Israel, allies)
- Trying to control which ships pass
๐ Global Impact
- Oil prices have spiked sharply (above ~$100)
- Rising risks of:
- Global inflation
- Fuel price increase (including India)
- Supply chains disrupted worldwide
โ Military Situation
- US has:
- Destroyed Iranian mine-laying boats
- Proposed naval escorts (but not fully implemented)
- Experts warn:
๐ Even naval escorts cannot guarantee safety
๐ฎ๐ณ India Impact
- India is:
- Negotiating with Iran for safe passage
- Facing gas supply pressure
- Many Indian ships still stuck near the region
๐ Bottom Line
- Situation = Highly volatile & near-war level
- Not a full closure, but controlled + dangerous passage
- Biggest risk:
๐ If fully blocked โ massive oil shock globally
