Infographic: The Strait of Hormuz in Numbers
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A fifth of the world's oil and a fifth of its liquefied natural gas pass through a channel whose shipping lanes are two miles wide. That is why every incident in the Gulf moves prices from Rotterdam to Tokyo, and why Saudi Arabia and the UAE keep pipelines that bypass the strait.
Figures are from the US Energy Information Administration's chokepoint analysis for 2023.
Sources: US Energy Information Administration
[…] over the preceding 48 hours — a figure that, if sustained, would still fall well short of the pre-war baseline of close to a fifth of global oil consumption that normally transits the waterway alongside most of Qatar’s LNG exports. Independent […]