Strait of Hormuz: History, it’s Geopolitical Importance in the World
A 33-kilometre wide stretch of water sits between Iran and Oman. Through it flows approximately 20 million barrels of oil every single day. That figure represents 25% of all seaborne oil trade on earth. Moreover, 20% of the world’s entire LNG supply passes through this same narrow channel. No other route exists for LNG. No […]
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