One Step Away From the Biggest Oil Shock in History

Nov 29th 2023 1:00am EST

The Strait of Hormuz is a narrow strip of water that links the Persian Gulf to the rest of the world. It’s the world’s single-most important energy corridor, and there’s no alternative route. Five of the world’s top 10 oil-producing countries—Saudi Arabia, Iran, Iraq, United Arab Emirates, and Kuwait—border the Persian Gulf, as does Qatar, […]

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