Short Comment on Shipping in Hormuz Strait

Despite bullish factors, bearish factors remain strong. What's the net outcome?

Source: Kpler, 2025

• Iran cannot close the Hormuz Strait, which is wide, shared with Oman, and protected by the US, UK, French, and Indian navies, along with a 34-country coalition ensuring the security of regional navigation.

• Iran has no interest in disrupting the Hormuz Strait, as most of its imports and exports pass through it, with 83% of Gulf oil and 87% of LNG going to Asia, with tiny amount going to the US and nothing to Israel.