THE WORLD’S CEO IS AFRAID CATASTROPHE THREATENS IF THE STRAIT OF HORMUZ IS CLOSED The Strait of Hormuz, a narrow waterway surrounded by deserts, is crucial for global trade, handling approximately 40,000 tankers and merchant ships annually. A significant portion of the world’s oil and gas production, as well as sulfur and fertilizer, passes through this chokepoint, making its closure a severe threat to the global economy. Disruptions could lead to immediate food shortages and economic shocks, with countries like Taiwan and regions like the Middle East heavily reliant on this route.

• The Strait of Hormuz is a vital global trade route, handling about 40,000 ships yearly.
• It transports a significant percentage of the world’s oil, gas, sulfur, and fertilizers.
• There are no viable alternative routes for these large-scale shipments.
• Closure would severely impact global supply chains, potentially causing food shortages and economic instability.
• Taiwan and the Middle East are particularly vulnerable due to their dependence on the strait.
• China is concerned about its oil imports from Iran through the strait.
• Iran has threatened to close the strait if the US bombs its power plants.