0.000000%
Global Oil & Gas Production Reduced
0
Tons of CO2 Not Produced
Countdown begins March 1, 2026
▾ our assumptions
- March 1st the Strait of Hormuz was closed due to the war with Iran.
- 20% of the world's oil production moves through the Strait of Hormuz
- Each day the strait remains closed the world is producing 20% less oil
- 20% of the world's oil production for one year is roughly 7.5 billion barrels
- 430 kg of CO2 is produced per barrel of oil