The Strait of Hormuz also brings 25% of ammonia, 20% of DAP, 10% of MAP and 30% of sulfur global exports. Taylor says an important factor would be the timing.

The Strait of Hormuz, a narrow waterway at the mouth of the Persian Gulf, is rarely far from the center of global tensions. A major shipping route that handles around 26% of the world’s oil ...

Shipping groups are starting to shy away from the Strait of Hormuz as Israel-Iran conflict rages on By Sam Meredith, CNBC • Published June 17, 2025 • Updated on June 17, 2025 at 2:31 am ...

German container shipping firm Hapag-Lloyd said it is continuing to sail through the Strait of Hormuz. "However, the situation is unpredictable and could change within a matter of hours.

German container shipping firm Hapag-Lloyd said it is continuing to sail through the Strait of Hormuz. "However, the situation is unpredictable and could change within a matter of hours.

A spokesperson for German-based container shipping liner Hapag-Lloyd said the threat level for the Strait of Hormuz remains "significant," albeit without an immediate risk to the maritime sector.