Iran announced a meeting with Oman and Gulf countries to discuss oil routes in the Strait of Hormuz. The encounter comes in a context of regional tensions in the area.
Tehran currently controls, directly or indirectly, the maritime routes through which 40% of world oil passes. This strategic position gives the country significant power over international crude traffic.
Should Iran impose authority over the Strait of Hormuz, Yemeni Houthi rebels, supported by Iran, simultaneously control the Bab al-Mandab Strait, another crucial route for oil transport.



