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Tuesday, March 20, 2012

How Likely is a Blockade of the Strait of Hormuz?

How Likely is a Blockade of the Strait of Hormuz?

The more and more explicit nuclear rhetoric and the threats of a blockade of the Strait of Hormuz may soon cause the conflict to escalate. We described two years ago what the temporary shutdown of this neuralgic location of global energy trade would entail. The Strait of Hormuz connects the Persian Gulf in the West with the Gulf of Oman and the Indian Ocean in the East. The strait is about 180km long and, at its narrowest point, only 55km wide. Almost 35% of the oil shipped by sea and 20% of global oil production is transported through this maritime…Read more...

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