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Strait of Hormuz at center of global crisis as U.S. pushes security plan with limited support

Paul Joseph by Paul Joseph
March 21, 2026
in Global
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The narrow but strategic Strait of Hormuz has once again become the focal point of global tension, as the United States intensifies efforts to secure the vital waterway amid escalating confrontation with Iran, a move that has drawn support from only a handful of nations, most notably Argentina.

The Strait of Hormuz, located between Iran and the Arabian Peninsula, is widely regarded as the world’s most important energy chokepoint. At its narrowest, it is just about 33 kilometers wide, yet it carries an enormous share of global energy supply.

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Roughly 20 million barrels of oil per day about one-fifth of global consumption pass through the strait, alongside significant volumes of liquefied natural gas.

In total, the route facilitates hundreds of billions of dollars in energy trade annually and serves as the primary export corridor for major oil producers including Saudi Arabia, Iraq, Kuwait, Qatar, and the UAE.

Any disruption to this passage has immediate global consequences. Analysts warn that even limited interference can send oil prices soaring, trigger inflation, and destabilize economies heavily dependent on imported energy particularly in Asia, where most shipments are destined.

The ongoing tensions involving the U.S. and Iran have already demonstrated the fragility of the strait. Shipping traffic has plummeted dramatically amid fears of missile strikes, naval clashes, and mine-laying operations. In some instances, vessel movement has nearly halted entirely, raising alarm across global markets.

Recent developments show the scale of the crisis. Oil prices have surged past $100 per barrel, with warnings they could climb even higher if disruptions persist.

In Iraq, one of the region’s largest oil producers, exports have been severely affected, forcing production cuts and threatening national revenue.

Experts say a full-scale conflict between the United States and Iran in the Strait of Hormuz could trigger the largest energy supply shock in modern history, surpassing even the oil crises of the 1970s.

Around 20% of global oil supply could be disrupted almost instantly, with ripple effects across fuel prices, transportation, manufacturing, and food supply chains.

Against this backdrop, Washington has intensified calls for an international coalition to secure the waterway and ensure the free flow of oil. U.S. officials argue that keeping the Strait of Hormuz open is essential not only for energy markets but for global economic stability.

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However, the response from traditional allies has been cautious. Several members of NATO have declined direct military involvement, citing concerns about escalation and the risk of a broader Middle East war.

This reluctance has exposed divisions within the Western alliance, leaving the United States with a significantly smaller coalition than expected.

Amid the hesitation, Argentina has emerged as one of the few countries openly backing the U.S. position. Under President Javier Milei, the country has adopted a sharply pro-Western foreign policy, aligning itself closely with Washington and Israel.

Milei has gone further by labeling Iran a “terrorist regime,” signaling strong ideological and strategic support for U.S. efforts in the region. Officials say Argentina’s stance reflects a broader commitment to democratic alliances and global security cooperation.

While Argentina’s military role may be limited, its political backing carries symbolic weight, highlighting a shift in global alignments at a time when traditional alliances appear fractured.

The battle over the Strait of Hormuz is no longer just a regional issue, it is a defining test of global economic stability and geopolitical power.

With energy markets on edge, shipping routes under threat, and alliances strained, the stakes could hardly be higher.

Whether the United States can secure broader international support or whether nations like Argentina remain among a small group willing to stand with Washington may determine the course of both the conflict and the global economy in the months ahead.

 

 

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