It is considered the most important sea route for oil and gas supplies worldwide.
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US President Donald Trump has said that the US Navy will deploy to protect tankers passing through the Strait of Hormuz if necessary.
The movement of ships passing through this sea area has been affected due to the ongoing tension between the US-Israel and Iran. Trump also mentioned that he will provide political risk insurance guarantees to make maritime trade in the Gulf region safe.
This area is located between the Persian Gulf and the Gulf of Oman. It is considered the most important sea route for oil and gas supplies worldwide.
About 20 million barrels of oil are supplied through this area every day.
