The Strait of Hormuz is a narrow, strategically important stretch of ocean between the Gulf of Oman in the southeast and the Persian Gulf in the southwest. On the north coast is Iran (Persia) and on the south coast is the United Arab Emirates and an exclave of Oman.
The strait at its narrowest is 21 miles wide [1], having two 1 mile wide channels for marine traffic separated by a 2 mile wide buffer zone [2], and is the only sea passage to the open ocean for large areas of the petroleum exporting Persian Gulf States.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.