More than 20 percent of global oil and liquefied natural gas exports pass through the Strait of Hormuz. Daily traffic ranges typically from more than 80 ships to more than 130, amounting to more than 30,000 tankers per year. Most of them are cargo ships, carrying commodities essential to global supply chains. Many of the ships passing through the strait are oil tankers, which each typically carry more than 1 million barrels of oil.
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