The Strait of Hormuz – Incoming Global Energy Crisis?
Spread the love Supply chain constraints are inevitable during wartime. Shippers are actively avoiding the Strait of Hormuz that connects the Persian Gulf to the Arabian Sea amid the Iranian nuclear tensions. This is a significant disruption as around 20% of global oil is funneled through this passageway. Oman’s Musandam Peninsula hosts a narrow passageway … Continue reading The Strait of Hormuz – Incoming Global Energy Crisis?
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