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US EIA reminder: Strait of Hormuz world’s most important oil chokepoint; almost 20% of oil traded worldwide

Green Car Congress

million bbl/d in 2009-2010. It is located between Yemen, Djibouti, and Eritrea, and connects the Red Sea with the Gulf of Aden and the Arabian Sea. The 17-mile long waterway located in Turkey supplies Western and Southern Europe with oil from the Caspian Sea Region. An estimated 2.9 million bbl/d was crude oil.

Oil 297