The US war with Iran is sending shockwaves through the global economy—and at the center of the crisis lies one of the most critical chokepoints on Earth: the Strait of Hormuz. Every day under normal conditions, 70–80 oil tankers pass through this narrow 21-mile-wide passage between Iran and Oman. Nearly one-fifth of the world’s oil supply and a massive portion of global liquefied natural gas exports depend on this single route. It’s often called the motorway of global energy trade. But in the current conflict, that motorway has effectively shut down. With insurers labeling the region a war-risk zone and shipping companies unwilling to risk missile or drone attacks, tanker traffic has largely stopped. The result is the same as a blockade: global energy exports are frozen. Independent media has never been more important. Please support this channel by subscribing here: https://www.youtube.com/channel/UCkbwLFZhawBqK2b9gW08z3g?sub_confirmation=1 Join this channel with a membership for exclusive early access and bonus content: https://www.youtube.com/channel/UCkbwLFZhawBqK2b9gW08z3g/join Five Minute News is an Evergreen Podcast, covering politics, inequality, health and climate - delivering independent, unbiased and essential news for the US and across the world. Visit us online at http://www.fiveminute.news Follow us on Bluesky https://bsky.app/profile/fiveminutenews.bsky.social Follow us on Instagram http://instagram.com/fiveminnews Support us on Patreon http://www.patreon.com/fiveminutenews You can subscribe to Five Minute News with your preferred podcast app, ask your smart speaker, or enable Five Minute News as your Amazon Alexa Flash Briefing skill. CONTENT DISCLAIMER The views and opinions expressed on this channel are those of the guests and authors and do not necessarily reflect the official policy or position of Anthony Davis or Five Minute News LLC. Any content provided by our hosts, guests or authors are of their opinion and are not intended to malign any religion, ethnic group, club, organization, company, individual or anyone or anything, in line with the First Amendment right to free and protected speech. Learn more about your ad choices. Visit megaphone.fm/adchoices