Saudi Arabia's state oil company Aramco has warned of potential severe disruptions to global oil markets if the Strait of Hormuz becomes blocked, according to Reuters reporting.

The company described the potential consequences as "catastrophic" for oil markets should the critical shipping route remain impassable. The Strait of Hormuz is a narrow waterway between Iran and Oman through which approximately one-fifth of global oil supplies pass daily.

The strategic waterway has long been considered a chokepoint for global energy supplies, with any disruption potentially affecting oil prices and supply chains worldwide. The strait connects the Persian Gulf with the Gulf of Oman and the Arabian Sea.

Aramco's warning comes amid ongoing regional tensions that have periodically raised concerns about potential threats to shipping in the area. The company did not specify current threats to the waterway but highlighted the vulnerability of global oil markets to such disruptions.

The strait's importance to global energy security has made it a focal point for geopolitical concerns, as any blockage could force oil tankers to take much longer alternative routes, significantly increasing transportation costs and delivery times.