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Beyond Hormuz: Key Global Maritime Trade Routes You Need to Know
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Beyond Hormuz: Key Global Maritime Trade Routes Amidst Rising Tensions
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CNBC Awaaz
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19-03-2026, 07:16
Beyond Hormuz: Key Global Maritime Trade Routes Amidst Rising Tensions
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Global maritime trade faces severe disruption due to US-Israel-Iran conflict, impacting energy supply.
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Approximately 80% of global trade by volume relies on shipping, making crucial waterways vital.
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Strait of Hormuz, Bab al-Mandeb, Suez Canal, and Strait of Malacca are critical chokepoints.
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Disruptions force longer, costlier routes like the Cape of Good Hope, increasing consumer prices.
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Other vital routes include Turkish Straits, Strait of Gibraltar, Danish Straits, Taiwan Strait, and Panama Canal.
Read Full Article on Cnbc in Hindi
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