On 28 February 2026, the effective closure of the Strait of Hormuz following joint military operations in West Asia and the subsequent blockade by the Iranian Islamic Revolutionary Guard Corps has placed approximately 20% of global oil trade and nearly one-third of global Liquefied Natural Gas (LNG) supplies at risk.
Date
Practice Area
Type of Insight
Back Link
/thought-leadership
Template Type
Publication
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External Link
https://www.khaitanco.com/sites/default/files/2026-04/ERGO%20-%20Trade%20Relief%20Framework%20-%207%20April%202026.pdf
Is Ergo
Yes