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Leonard Terver Thomas

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Open access Aug 2026

Impact of Strait of Hormuz Crisis on Global Trade: Route Diversion and Economic Consequences

This study examines the impact of the Strait of Hormuz crisis on global trade, with a particular focus on route diversion and its associated economic consequences. As a critical maritime chokepoint, the Strait accounts for approximately 20–25% of global oil trade and a significant share of liquefied natural gas (LNG...

Leonard Terver Thomas · 0 citations

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