IEA Warns of Global Energy Crisis if Hormuz Remains Closed

The International Energy Agency has warned that prolonged closure of the Strait of Hormuz—through which approximately one-third of global seaborne oil passes—poses critical risks to worldwide energy security and economic stability. IEA leadership has stated that failure to reopen this vital chokepoint soon could trigger severe supply disruptions and price volatility across global energy markets. The agency's assessment underscores the strategic importance of maintaining unobstructed passage through the narrow waterway separating Iran and Oman.