Google seems to agree with you:
Asian economies are most dependent on oil passing through the Strait of Hormuz, with China (37.7% of flows), India (14.7%), South Korea (12.0%), and Japan (10.9%) being the largest importers. Roughly 89% of these shipments are destined for Asia. Conversely, the United States is largely independent, receiving only ~2.5% of its imports through this chokepoint.
Most Dependent Countries (Importing via Strait)
China: The largest recipient, taking 37.7% of the flows in 2026.
India: The second-largest, receiving ~14.7% of the shipments.
South Korea & Japan: Extremely high dependency, with roughly 70–80% of their total oil imports passing through this point.
Other Asian Nations: Combined, other Asian countries account for an additional 13.9% of flows.
Dependent Exporting Countries (Shipping out of Strait)
The Persian Gulf countries are highly reliant on this route to export their production:
Saudi Arabia: ~37% of exports via the strait.
Iraq: ~23% of exports.
UAE: ~13% of exports.
Iran & Kuwait: Also rely on this route for the majority of their exports.
Independent or Low-Dependency Countries
United States: Low dependency (2.5% of imports) due to high domestic production (e.g., in shale oil fields) and diverse supply sources.
Russia: A major exporter that does not rely on Middle Eastern oil supplies.
Canada & Mexico: Low reliance on this specific maritime route for their crude supply.
While physical dependence is low for some, any disruption in the Strait—through which ~21% of global petroleum liquids flow—would cause global oil prices to rise, affecting all countries regardless of their direct import reliance.
