Source: https://mochatrade.com/learn/glossary/strait-of-hormuz

# Strait of Hormuz
URL: https://mochatrade.com/learn/glossary/strait-of-hormuz
Last modified: 2026-10-17

The Strait of Hormuz is the stretch of water between Iran and Oman that carried about a fifth of the world's seaborne oil and gas before the 2026 war. Every Gulf barrel bound for an Indian refinery passes through it, so a [disputed tanker count can move Brent](https://mochatrade.com/blog/crude-oil-war-and-slippery-slopes), and [seven ships a day in October 2026](https://mochatrade.com/blog/mocha-markets-weekly-12-oct) was a number the whole oil market traded.

## Related terms

- Crude oil (WTI vs Brent): https://mochatrade.com/learn/glossary/crude-oil
- Oil risk premium: https://mochatrade.com/learn/glossary/oil-risk-premium
- IEA: https://mochatrade.com/learn/glossary/iea
- Crack spread: https://mochatrade.com/learn/glossary/crack-spread
- 52-week high and low: https://mochatrade.com/learn/glossary/52-week-high-and-low
- Hedging: https://mochatrade.com/learn/glossary/hedging

Educational content only. Not investment advice. Leveraged products magnify losses as well as gains.