Ayele Mengiste Jirru retweetledi

‼️The Strait of Hormuz is the lifeline of the global economy:
Saudi Arabia is the largest source of crude oil transiting the Strait at 38%, followed by Iraq at 22% and the UAE at 14%.
Iran, Kuwait, and Qatar follow at 11%, 10%, and 5%, respectively.
On the destination side, China receives the largest portion at 37%, followed by India at 14%, Other Asia and Oceania at 16%, South Korea at 12%, and Japan at 12%.
This means ~75% of all crude oil passing through the Strait flows to Asia, making the region overwhelmingly the most exposed to the current disruption.
Saudi Arabia and Iraq alone represent 60% of all crude transiting the chokepoint, meaning any prolonged closure disproportionately impacts their export revenues and Asian buyers simultaneously.
The Strait of Hormuz is the most critical chokepoint in global energy flows.

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