Tag: oil trade
Posted in Economy
Strait of Hormuz: Strategic chokepoint in shadow of geopolitics
London: The Strait of Hormuz, a key chokepoint for the global trade of crude oil and liquefied natural gas, is at the centre of disputes…
Posted in Business
There’s a Red Sea alternative to Strait of Hormuz for oil, but here’s the problem: Why Yanbu route may not work
There’s much talk of alternative routes as the Strait of Hormuz remains closed with Iran, in retaliation for US-Israeli strikes, squeezing oil trade and the…