Iran Reopens Hormuz Strait, Potentially Stabilizing Global Energy Supplies Immediately

Iranian President Sharif has recently reaffirmed that the memorandum aimed at ending the war will take effect immediately, and Iran will "immediately" reopen the Hormuz Strait, while the US blockade on the port will also "immediately" end. This announcement has drawn international attention as the Hormuz Strait is a crucial channel for global energy supplies.

The Hormuz Strait is a waterway located between the Persian Gulf and the Gulf of Oman, with Iran to the north and Oman's Musandam Peninsula to the south, and a part of the United Arab Emirates to the southwest. The strait is approximately 167 kilometers long and varies in width from 97 kilometers to 39 kilometers. It is the only outlet to the sea from the Persian Gulf and one of the most strategic channels in the world. Statistics show that between 2023 and 2025, 20% of the world's liquefied natural gas and 25% of its maritime oil trade passed through this strait, making it an essential energy supply route for Europe and Asia, as well as a key channel for European energy supplies.

Prior to the 2026 Iran war, the Hormuz Strait had never been closed for an extended period due to Middle Eastern conflicts, despite Iran's frequent threats to close the strait. However, the outbreak of war severely disrupted navigation through the strait, causing severe shortages in global energy supplies. The US blockade on Iranian ports also severely limited Iran's oil exports. Therefore, Sharif's announcement is of great significance to global energy supplies and the Middle East situation.

Sharif's announcement has also drawn the attention of various countries, particularly those in Europe and Asia, which are heavily dependent on energy supplies. These countries have been seeking new energy supply routes to reduce their reliance on the Hormuz Strait. However, the reopening of the strait will make global energy supplies more stable and reliable. At the same time, the end of the US blockade on Iranian ports will allow Iranian oil exports to resume normally.

For Iran, the reopening of the Hormuz Strait will restore its oil exports to normal, thus improving its economic situation. Additionally, the end of the war will make Iran's political situation more stable. However, the reopening of the strait will also make global energy supplies more complex, as it will involve more countries in the competition for energy supplies.

For Taiwan, the reopening of the Hormuz Strait will make global energy supplies more stable and reliable, which will have a positive impact on Taiwan's energy security. Additionally, the end of the war will make the Middle East situation more stable, which will have a positive impact on Taiwan's diplomacy and economy. However, Taiwan must also pay attention to the changes in global energy supplies and seek new energy supply routes to reduce its dependence on the Hormuz Strait. Additionally, Taiwan must strengthen cooperation with other countries to jointly maintain the security and stability of global energy supplies.