The Strait of Hormuz blockade, one of the world’s most critical maritime chokepoints, has effectively been brought to a standstill, disrupting global shipping and triggering a severe energy and economic shock. The ongoing conflict involving Iran and Western-aligned forces has led to restrictions, attacks, and heightened security threats that have drastically reduced maritime traffic through the narrow waterway. Recent reports indicate that the Hormuz blockade has removed up to 15 million barrels per day, nearly 15% of global oil supply from the market, making it one of the largest disruptions in modern energy history. The strait typically handles around 20% of global oil and a significant share of liquefied natural gas (LNG), making it indispensable to international trade and energy security. The current disruption has caused tanker traffic to collapse, with many vessels either stranded or rerouted to alternative, longer routes. Insurance costs have surged, and major shipping companies have suspended operations due to safety concerns. This development represents a turning point in the ongoing geopolitical crisis, transforming a regional conflict into a global economic event. As the Hormuz blockade persists, its effects are being felt across industries, markets, and nations, highlighting the fragility of global trade networks. Strategic Importance of the Strait of Hormuz The Strait of Hormuz blockade is widely regarded as the most important oil transit chokepoint in the world, connecting the Persian Gulf with the Arabian Sea and global shipping routes. Countries such as Saudi Arabia, the United Arab Emirates, Kuwait, Iraq, and Qatar rely heavily …