Tanker struck near Strait of Hormuz amid Iran - U.S. tensions. | Photo Credit: PBS News The Strait of Hormuz, a narrow waterway connecting the Persian Gulf to the Gulf of Oman and the Arabian Sea, has long been recognized as one of the world's most vital energy arteries. Measuring just 21 nautical miles at its narrowest point, this strategic passage facilitates the transit of approximately 20-21% of global crude oil consumption and 25-30% of liquefied natural gas (LNG) shipme