As fighting between Israel and Iran is boiling over, the most strategic oil chokepoint in the world – the Strait of Hormuz – is in the spotlight. Concerns have been raised about just how disruptive the war could be for the steady flow of Gulf oil shipments to Europe,

While Tehran has frequently threatened to block the waterway in response to military pressure or sanctions, the prospect becomes far more plausible if the conflict with Israel explodes into a full-scale war.

Iran is seriously considering closing the strategic Strait of Hormuz after launching missile attacks on Israel, threatening a key route for oil, gas supplies.

The Strait of Hormuz, located between Oman and Iran, connects the Persian Gulf with the Gulf of Oman and the Arabian Sea. The strait is deep enough and wide enough to handle the world's largest crude oil tankers,

As the conflict escalates, container shipping faces growing risks from a potential chokepoint closure, rising insurance costs and surcharges from major carriers.