US EIA reminder: Strait of Hormuz world’s most important oil chokepoint; almost 20% of oil traded worldwide
Green Car Congress
DECEMBER 31, 2011
More than 85% of the crude oil exports flowing through the Strait went to Asian markets, with Japan, India, South Korea, and China representing the largest destinations, EIA said. At its narrowest point, the Strait is 21 miles wide, but the width of the shipping lane in either direction is only two miles, separated by a two-mile buffer zone.
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