"The Strait of Hormuz is not an oil chokepoint. It is the aortic valve of globalised production and like any valve, when it fails, the entire circulatory system collapses."
"Through these waters pass an estimated 30,000 vessels per year. They carry not only a fifth of the world's seaborne oil and liquified natural gas but also the urea needed for the fertilisers that grow its food."
"By the 15th century, Hormuz had become one of the great emporium-states of the medieval world. Merchants from Egypt, China, Java, Bengal, Zanzibar, and Yemen converged on a single island port."
The Strait of Hormuz, named after the Zoroastrian deity Ahura Mazda, is a vital artery for global trade, facilitating the passage of 30,000 vessels annually. It transports a fifth of the world's seaborne oil and liquefied natural gas, along with essential materials like urea, aluminium, helium, and petrochemicals. Historically, it has been a center of commerce since the eleventh century, with various civilizations recognizing its strategic importance. Control over this passage has historically equated to economic power, as seen with the establishment of the Kingdom of Hormuz and its role in maritime trade.
Read at www.aljazeera.com
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