{"@context":"https://schema.org","@type":"DefinedTerm","name":"Strait of Hormuz","description":"Unlike open ocean routes, the Strait of Hormuz is a geopolitically volatile chokepoint between the Persian Gulf and the Gulf of Oman through which a substantial share of global crude oil and LNG shipments passes. The waterway falls under the jurisdiction of Iran and Oman, and designated traffic separation lanes operate at its narrowest section. For carriers and shippers, the implications are concrete: war risk insurance premiums apply, and any military escalation or new sanctions round can trigg","inDefinedTermSet":{"@type":"DefinedTermSet","name":"Frachtportal Logistics Glossary","url":"https://www.freight-academy.com/en/glossary"},"url":"https://www.freight-academy.com/en/glossary/strait-of-hormuz","inLanguage":"en","dateModified":"2026-06-26T14:51:07.930619","citation":"https://www.britannica.com/place/Strait-of-Hormuz","markdownMirror":"https://www.freight-academy.com/api/md/glossary/en/strait-of-hormuz","provider":{"@type":"Organization","name":"Frachtportal","url":"https://www.freight-academy.com"},"quickSummary":"Strait of Hormuz · Unlike open ocean routes, the Strait of Hormuz is a geopolitically volatile chokepoint between the Persian Gulf and the Gulf of Oman through which a substantial share of global crude oil and LNG shipments passes. · Quelle: https://www.britannica.com/place/Strait-of-Hormuz"}