The majority of oil and LNG transiting through the strait of Hormuz is destined for Asian markets

Crude oil and condensates in 2025

Million barrels a day

Origin country

Saudi Arabia 5.8

Iraq 3.4

Strait of Hormuz

UAE 2.0

Iran 1.6

Destination

China 5.4

Kuwait 1.5

Qatar

Bahrain

India 2.1

S Korea 1.8

Japan 1.7

Singapore

LNG in 2025

Million barrels a day

Taiwan

US

Other

Origin country

Qatar 3.0

Strait of Hormuz

Destination

China 0.8

India 0.6

UAE 0.2

Taiwan 0.3

South Korea 0.3

Pakistan 0.3

Italy

Bangladesh

Rest of Asia

Rest of Europe

Charts are individually scaled

Rest of world

Crude oil and condensates in 2025

Million barrels a day

Origin country

Saudi Arabia 5.8

Iraq 3.4

Strait of Hormuz

UAE 2.0

Iran 1.6

Destination

China 5.4

Kuwait 1.5

Qatar

Bahrain

India 2.1

S Korea 1.8

Japan 1.7

Singapore

LNG in 2025

Million barrels a day

Taiwan

US

Origin country

Other

Qatar 3.0

Strait of Hormuz

Destination

China 0.8

India 0.6

UAE 0.2

Taiwan 0.3

South Korea 0.3

Pakistan 0.3

Italy

Bangladesh

Rest of Asia

Rest of Europe

Charts are individually scaled

Rest of world

Crude oil and condensates in 2025

Million barrels a day

Origin country

Saudi Arabia 5.8

Strait of Hormuz

Iraq 3.4

UAE 2.0

Destination

Iran 1.6

Kuwait 1.5

China 5.4

Qatar

Bahrain

India 2.1

South Korea 1.8

Japan 1.7

Singapore

LNG in 2025

Million barrels a day

Taiwan

US

Origin country

Other

Strait of Hormuz

Qatar 3.0

Destination

China 0.8

India 0.6

Taiwan 0.3

UAE 0.2

South Korea 0.3

Pakistan 0.3

Italy

Bangladesh

Rest of Asia

Rest of Europe

Rest of world

Charts are individually scaled

Crude oil and condensates in 2025

Million barrels a day

Origin country

Saudi Arabia 5.8

Iraq 3.4

Strait of Hormuz

UAE 2.0

Iran 1.6

Destination

China 5.4

Kuwait 1.5

Qatar

Bahrain

India 2.1

S Korea 1.8

Japan 1.7

Singapore

LNG in 2025

Million barrels a day

Taiwan

US

Other

Origin country

Qatar 3.0

Strait of Hormuz

Destination

China 0.8

India 0.6

UAE 0.2

Taiwan 0.3

South Korea 0.3

Pakistan 0.3

Italy

Bangladesh

Rest of Asia

Rest of Europe

Charts are individually scaled

Rest of world

Crude oil and condensates in 2025

Million barrels a day

Origin country

Saudi Arabia 5.8

Iraq 3.4

Strait of Hormuz

UAE 2.0

Iran 1.6

Destination

China 5.4

Kuwait 1.5

Qatar

Bahrain

India 2.1

S Korea 1.8

Japan 1.7

Singapore

LNG in 2025

Million barrels a day

Taiwan

US

Origin country

Other

Qatar 3.0

Strait of Hormuz

Destination

China 0.8

India 0.6

UAE 0.2

Taiwan 0.3

South Korea 0.3

Pakistan 0.3

Italy

Bangladesh

Rest of Asia

Rest of Europe

Charts are individually scaled

Rest of world

Crude oil and condensates in 2025

Million barrels a day

Origin country

Saudi Arabia 5.8

Strait of Hormuz

Iraq 3.4

UAE 2.0

Iran 1.6

Destination

Kuwait 1.5

China 5.4

Qatar

Bahrain

India 2.1

South Korea 1.8

Japan 1.7

Singapore

LNG in 2025

Million barrels a day

Taiwan

US

Origin country

Other

Strait of Hormuz

Qatar 3.0

Destination

China 0.8

India 0.6

Taiwan 0.3

UAE 0.2

South Korea 0.3

Pakistan 0.3

Italy

Bangladesh

Rest of Asia

Rest of Europe

Rest of world

Charts are individually scaled