LUSOLOBO
  • Home
  • Pixels
  • About
  • Contact Us
  • Notes
  • Menu Menu

Tag Archive for: global economy

Blog

Hormuz

‘Hormuz’ probably derives from the Persian pronunciation of the principal Zoroastrian god Ahuramazda (also known as Ormazd or Horomazes)

The Strait of Hormuz  – 34 km wide at its narrowest point between Iran and Oman – is in the news every day. The instability in the Middle East and the American and Israeli aggression against the people of Iran have once again placed this strait at the centre of international geopolitics.

A significant proportion of the world’s energy (i.e. oil and gas) passes through here, and any threat to navigation in this strategic waterway proves to have an immediate impact on the global economy.

But few people know that, for over a century (1515-1622), this very strait was under the governance of Portugal, controlling the entrance to the Persian Gulf, one of the world’s most important trade routes.

The Portuguese conquest of Hormuz occurred when the Portuguese admiral and conqueror Afonso de Albuquerque established a fortress – named Nossa Senhora da Conceição (Our Lady of the Immaculate Conception) – on Hormuz island, thereby giving the Portuguese full control of the trade between India and Europe through the Persian Gulf.

The campaign against Hormuz was a plan of King Manuel I of Portugal to thwart Muslim trade in the Indian Ocean by capturing Aden – to block trade through the Red Sea, Hormuz – to block trade through Beirut – and Malaca to control trade with China.

The island of Hormuz was then not ruled by the young king Turan Shah, but by its vizier, Rais Nurredin Fali. After taking Hormuz, Albuquerque adopted the principle of indirect rule: the king was allowed to rule his kingdom as a vassal of the Portuguese Crown, but it was disarmed, and the Portuguese took control of the defence, effectively turning it into a protectorate.

During the 16th century, Hormuz became the most cosmopolitan city in the world. Merchants from many different places gathered in their markets: Persians, Arabs, Jews, Armenians, Indians and Europeans. A world of wealth and luxury, best captured in the Arab saying: ‘if the world was a golden ring, Ormuz would be the jewel in it.’
 

With all maritime transport between the Far and Middle-East passing through Hormuz, the total annual revenue – paid in ashrafi gold coins – was enormous, as pearls from the Persian Gulf, Indian spices, Chinese silk and the war-horses trade from Arabia to Goa in India, were heavily taxed. Of all the Portuguese possessions in the Orient, Hormuz became a vital source of income for the Portuguese State of India, part of the Portuguese Empire

Hormuz would remain a Portuguese client-state until its fall to a combined English-Persian force in 1622. Today it is part of the Iranian province of Hormozgan.

Iran’s closure of the Strait of Hormuz constitutes a violation of the UN Convention on the Law of the Sea (UNCLOS) – neither ratified by Iran and the US – by denying transit in a strait used for international navigation. According to the North-American newspaper The Atlantic, the crisis is the largest in the history of the global oil market.


Happy Easter                Feliz Páscoa                            (pic Sapo/Lusa)     



April 1, 2026/by admin
https://lusolobo.com/wp-content/uploads/2026/04/Foto-Blog-Hormuz.webp 356 534 admin https://lusolobo.com/wp-content/uploads/2022/12/logo-lusolobo-3-300x184.png admin2026-04-01 12:48:002026-10-07 20:06:31Hormuz
Recent
  • UnaffordableNovember 8, 2026 - 1:46 pm
  • VhilsOctober 20, 2026 - 9:11 am
  • GlazigOctober 19, 2026 - 5:31 pm
  • OffalOctober 6, 2026 - 2:58 pm
Comments
Tags
addiction Africa art children climate change CO2 corruption Covid19 Democracy discrimination economy education elections emigration environment EU exposition food historic history housing human rights Inequality Lisbon migration morbidity mortality origin painter plastic politics pollution population Portugal Portuguese racism Refugees slavery SNS strike tourism violence waste wildfires women

Interesting links

Ten reasons to visit Portugal

Beautiful towns

Ultimate road trip

Porto, second to none

Secrets of Monsanto

Best Algarve beach

7 Road trips

Hidden spots in Lisbon

Wandeltochten ( in Dutch)

Pages

  • About
  • Contact Us
  • Home
  • Pixels

Categories

  • Blog
  • Notes
  • Pixels

Archive

  • November 2026
  • October 2026
  • September 2026
  • August 2026
  • July 2026
  • June 2026
  • May 2026
  • April 2026
  • March 2026
  • February 2026
  • January 2026
  • December 2025
  • November 2025
  • October 2025
  • September 2025
  • August 2025
  • July 2025
  • June 2025
  • May 2025
  • April 2025
  • March 2025
  • February 2025
  • January 2025
  • December 2024
  • November 2024
  • October 2024
  • September 2024
  • August 2024
  • July 2024
  • June 2024
  • May 2024
  • April 2024
  • March 2024
  • February 2024
  • January 2024
  • December 2023
  • November 2023
  • October 2023
  • September 2023
  • August 2023
  • July 2023
  • June 2023
  • May 2023
  • April 2023
  • March 2023
  • February 2023
  • January 2023
  • December 2022
  • November 2022
  • October 2022
  • September 2022
  • August 2022
  • July 2022
  • June 2022
  • May 2022
  • April 2022
  • March 2022
  • February 2022
  • January 2022
  • December 2021
  • November 2021
  • October 2021
  • September 2021
  • August 2021
  • July 2021
  • June 2021
  • May 2021
  • April 2021
  • March 2021
  • February 2021
  • January 2021
  • December 2020
  • November 2020
  • October 2020
  • September 2020
  • August 2020
  • July 2020
  • June 2020
  • May 2020
  • April 2020
  • March 2020
  • February 2020
  • January 2020
  • December 2019
  • November 2019
  • October 2019
  • September 2019
  • August 2019
  • July 2019
  • June 2019
  • May 2019
  • April 2019
  • March 2019
  • February 2019
  • January 2019
  • December 2018
  • November 2018
  • October 2018
  • September 2018
  • August 2018
  • July 2018
  • June 2018
  • May 2018
  • April 2018
  • March 2018
  • February 2018
  • January 2018
  • December 2017
  • November 2017
  • October 2017
  • September 2017
  • August 2017
  • July 2017
  • June 2017
  • May 2017
  • April 2017
  • March 2017
  • February 2017
  • January 2017
  • December 2016
  • November 2016
  • October 2016
  • April 2016
© Copyright - Lusolobo
  • Link to X
Scroll to top Scroll to top Scroll to top