THE STRAIT OF HORMUZ: THE 20-MILLION-BARREL ARTERY CARRYING THE GLOBAL ECONOMY

THE STRAIT OF HORMUZ: THE 20-MILLION-BARREL ARTERY CARRYING THE GLOBAL ECONOMY

Emirates 24/7 — On geographical maps, the Strait of Hormuz is a narrow waterway connecting the Arabian Gulf to the Sea of Oman and the Indian Ocean. In the maps of the global economy, however, it appears as something entirely different, as it is considered the largest energy artery on the planet. Through this strait, which at its narrowest point does not exceed a few dozen kilometers, enough oil and gas pass daily to keep the world’s factories, …