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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 Tapline to Lebanon. Use of the alternate routes would increase the cost of transportation. Other alternate routes could include the deactivated 1.65-million million bbl/d Iraqi Pipeline across Saudi Arabia (IPSA), and the deactivated 0.5

Oil 297