Chokepoints – oil routes and fuel prices: why fuel is getting more expensive
Why fuel costs more: oil routes, the 2026 crisis events and EU pump prices side by side – what stopped, what took a detour and how much of the price is oil and how much is tax.
Strait of Malacca: About 23.7 million barrels of oil a day pass through the Strait of Malacca – the world's busiest chokepoint. Which countries depend on it, whose oil it is and why it is a risk.
Strait of Hormuz: About 20.9 million barrels of oil a day pass through the Strait of Hormuz – ~20% of global oil consumption. Which countries depend on it, whose oil it is and why it is a risk.
Suez Canal / SUMED: About 8.8 million barrels of oil a day pass through the Suez Canal / SUMED – ~9% of seaborne trade. Which countries depend on it, whose oil it is and why it is a risk.
Bab el-Mandeb: About 8.7 million barrels of oil a day pass through the Bab el-Mandeb – ~9% of seaborne trade. Which countries depend on it, whose oil it is and why it is a risk.
Cape of Good Hope: About 5.9 million barrels of oil a day pass through the Cape of Good Hope – ~6% of seaborne trade. Which countries depend on it, whose oil it is and why it is a risk.
Turkish Straits: About 3.4 million barrels of oil a day pass through the Turkish Straits – ~3% of seaborne trade. Which countries depend on it, whose oil it is and why it is a risk.
Danish Straits: About 3.2 million barrels of oil a day pass through the Danish Straits – ~3% of seaborne trade. Which countries depend on it, whose oil it is and why it is a risk.
Panama Canal: About 2.1 million barrels of oil a day pass through the Panama Canal – ~2% of seaborne trade. Which countries depend on it, whose oil it is and why it is a risk.
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