Iran and the Strait of Hormuz: What rising oil prices mean for New Zealand

Iran has cut off one of the world’s most strategically important choke points.

About a fifth world’s total oil consumption passes through the Strait of Hormuz.

Iran’s revolutionary guards commander-in-chief has warned that “if anyone tries to pass” they will “set those ships ablaze”.

The narrow sea passage sits between Oman and Iran.

Experts have said a prolonged conflict in the Middle East could lead to a sustained rise in oil prices, fueling inflation, and having global economic effects.

Today on The Front Page, geopolitical analyst Dr Geoffrey Miller is with us to take us through why the blocking of just over three kilometres of water can have global ramifications.

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You can read more about this and other stories in the New Zealand Herald, online at nzherald.co.nz, or tune in to news bulletins across the NZME network.

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