JAKARTA \u2013 Military conflict erupting between the United States,\nIsrael, and Iran in late February 2026 has triggered fresh shocks to the\nglobal energy market. Military strikes and retaliatory responses from\nTehran have not only intensified geopolitical tensions in the Middle\nEast but also threatened one of the world\u2019s most vital energy corridors:\nthe Strait of Hormuz.<\/p>\n
This development has prompted widespread concern because the maritime\nroute represents one of the primary global energy trade chokepoints.\nAccording to Liu Xu, Executive Director of the Center for International\nEnergy and Environment Strategy Studies at Renmin University of China,\nthe sequence of events has the potential to trigger major disruptions to\nthe global commodity market.<\/p>\n
As reported by CGTN on Monday, 2 March 2026, he assessed that the\nconflict is not merely a short-term geopolitical tension but an event\ncapable of triggering significant changes to the structure of the global\neconomy. The conflict escalated after the United States and Israel\nlaunched a joint military operation against Iran on 28 February 2026.\nThe operation, designated Operation Epic Fury, targeted several\nstrategic facilities within the country.<\/p>\n
According to Liu, the sequence of events will not only impact the\nenergy sector but could rapidly spread throughout the global economy.\nThe consequences have the potential to alter the structure of\ninternational finance and economics should the conflict continue.<\/p>\n
The Strait of Hormuz ranks among the world\u2019s most critical maritime\nroutes for global energy trade. The passage connects the Persian Gulf\nwith the Gulf of Oman and the Arabian Sea, making it the primary transit\npoint for oil and gas exports from Gulf nations.<\/p>\n
Beyond oil, the route plays a crucial role in liquefied natural gas\n(LNG) trade. Qatar, the world\u2019s largest LNG exporter, ships its entire\nLNG exports through the Strait of Hormuz. This volume represents more\nthan 20 per cent of global LNG trade.<\/p>\n
Oil-producing nations in the Gulf region, including Saudi Arabia,\nIraq, the United Arab Emirates, and Kuwait, are heavily dependent on\nthis route. More than 90 per cent of oil exports from these countries\npass through the Strait of Hormuz.<\/p>\n
Beyond threats to the global shipping lane, the conflict also risks\ndisrupting Iran\u2019s oil exports directly. One of the most critical points\nin Iran\u2019s energy export system is Kharg Island.<\/p>", "url": "https:\/\/jawawa.id\/newsitem\/iran-conflict-disrupts-strait-of-hormuz-global-commodity-supply-chain-threatened-1772434875", "image": "" }, "sponsor": "Okusi Associates", "sponsor_url": "https:\/\/okusiassociates.com" }