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Management ae Iran Threatens to Close the Strait of Hormuz Division Investment Goldman Strait of Hormuz: April 2019 Crude Oil Production Per Country and Export Flows Arabia , (85%) (9.8) Others 15%) = A third of world’s LNG and a fifth of global oil production goes through the Strait of Hormuz. » “Tran relies on the Strait not only for its oil exports, but also for the imports of some needed food and medical products.””! (1) Michael Ratner, “Iran’s Threats, the Strait of Hormuz, and Oil Markets: In Brief,” Congressional Research Service, August 6, 2018. 8 Source: Investment Strategy Group, Goldman Sachs Enterprise Risk Management, EIA, Bloomberg. HOUSE_OVERSIGHT_026952