US EIA reminder: Strait of Hormuz world’s most important oil chokepoint; almost 20% of oil traded worldwide
Green Car Congress
DECEMBER 31, 2011
million bbl/d in 2009-2010. The Strait is located between Oman and Iran, and connects the Persian Gulf with the Gulf of Oman and the Arabian Sea. Use of the alternate routes would increase the cost of transportation. The Panama Canal is an important route connecting the Pacific Ocean with the Caribbean Sea and Atlantic Ocean.
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