Gulf war / Hormuz · Strature analysis, not from the brief
Gulf war / Hormuz: what is at stake for Czech Republic
Czechia took 10.6% of its crude from Saudi Arabia in 2025. The share rose to 28.0% in Jan-Aug 2026 after Russian pipeline crude stopped. Gas, fertiliser and exports barely touch the Gulf.
10.6%
Saudi share of crude imports, 2025
28%
Saudi share of crude imports, Jan-Aug 2026 (context)
7.7%
Russian share of crude imports, 2025 (none in Jan-Aug 2026)
0.92%
Share of goods exports to GCC states and Iran, 2025
Read the full panel
Risks
- One Gulf supplier: Saudi Arabia supplied 10.6% of Czech crude imports in 2025, about 0.73 Mt. In Jan-Aug 2026 it shipped about 1.30 Mt, 28.0% of imports. Russian crude, 58.1% in 2023, has stopped.
- Aramco told at least two European customers it would supply no contract crude the next month, Bloomberg reported in Sep 2026, after attacks shut its East-West pipeline. Orlen, whose unit Orlen Unipetrol runs the Czech refineries, secured 16 extra deliveries elsewhere for its refineries in Poland, Czechia and Lithuania. Estimate from press or commentary
- Crude arrivals fell when the war began: about 0.35 Mt arrived in March 2026, about half the January volume.
- Pump prices: diesel rose from about 32.9 to 48.5 crowns a litre between mid-February and early April 2026 (aggregator estimate). Estimate from press or commentary
- Price: the EIA expects Brent to average US$105 a barrel in 4Q 2026, against 69.0 in 2025.
Opportunities
- Most crude comes from outside the Gulf: Azerbaijan 42.4%, Norway 20.9% and Kazakhstan 18.4% in 2025.
- The TAL pipeline from Trieste carried 6.3 Mt to Czechia in 2025, against 3.8 Mt in 2024. Its operator says most of its crude reaches Trieste by routes the conflict does not directly affect. Estimate from press or commentary
- Gas, fertiliser and metals barely touch the Gulf directly: about 32 kt of LNG was imported in 2025, none of it Qatari, and the UAE supplied 0.82% of unwrought aluminium.
Uncertainties
- Eurostat records the country of origin, not the loading port. Saudi crude to Europe in 2026 may have loaded on the Red Sea, outside the Strait; this reading counts it by origin. Arrivals continued through the Mar-Jun closure. Estimate from press or commentary
- Saudi Arabia and Iraq were 12% of TAL volume in 2025; the share for this year is not published. Estimate from press or commentary
- EU neighbours hide first origin: Poland supplied 42.9% of Czech urea and 66.6% of its helium in 2025, and their own Gulf content is not known.
What to watch
- 20 Nov 2026F-0074 resolves. A renewed strike could stop Saudi loadings inside the Gulf again.
- MonthlyCzech crude imports by origin in Eurostat's monthly trade data.
- MonthlyOrlen spot crude purchases and any further reports on Aramco contract supply.
- WeeklyCzech pump prices in the EU Weekly Oil Bulletin.
Exposure by channel
| Channel | Figure | Band | Published line |
|---|---|---|---|
| Crude oilEnergy | 10.6% 2025Share of crude imports (HS 2709) from Saudi Arabia (quantity), 2025 | Low | High ≥50% · Medium 25–50% · Low 10–25% |
Bands follow the published materiality lines for this theme. A low-confidence figure alone caps a band at Medium.
GulfElsewhere
Drawn to scale from zero. Source: Eurostat, EU trade since 1988 by HS2-4-6 and CN8 (DS-045409).
Briefs and questions
- Q-023 How much Saudi crude can reach buyers if Hormuz stays closed
- S-001 · How does a strike reach buyers of Gulf energy? F-0074 Renewed strike, 61%, our estimate, scored when it resolves
Sources cited
- Eurostat, EU trade since 1988 by HS2-4-6 and CN8 (DS-045409) (2025; retrieved 28 Oct 2026)
- EIA, Short-Term Energy Outlook, October 2026 (6 Oct 2026), Table 2 Energy Prices (4Q 2026; retrieved 25 Oct 2026)
- World Bank Commodity Price Data (The Pink Sheet), April 2026 (2025; retrieved 6 Oct 2026)
Estimates from press or commentary
- Saudi oil supply disruption hits Europe, Czech refineries turn to other sources (oEnergetice.cz) (Sep 2026; retrieved 28 Oct 2026)
- fuel-prices.eu, Czechia, week of 16 Feb 2026 (from the EU Weekly Oil Bulletin) (2026-02; retrieved 28 Oct 2026)
- fuel-prices.eu, Czechia, week of 6 Apr 2026 (from the EU Weekly Oil Bulletin) (2026-04; retrieved 28 Oct 2026)
- Válka na Blízkém východě ohrožuje dodávky ropy pro TAL jen v menší míře (ČTK, České noviny) (2025; retrieved 28 Oct 2026)
Our calculations
- Share of goods exports going to GCC states and Iran: 0.92% (= 2,308,104,659 / 251,216,296,706 × 100)
- Saudi crude to replace if Gulf loadings stop for 3 months, at the Jan-Aug 2026 rate: 485,724 t (= 1,295,265 t / 8 months × 3)
Strature analysis, not from the brief: researched by Strature from public sources and kept in our country dossier, updated 28 Oct 2026. General research, not advice. Who else is exposed: Gulf war / Hormuz →