Remove Connect Remove Djibouti Remove Parts
article thumbnail

US EIA reminder: Strait of Hormuz world’s most important oil chokepoint; almost 20% of oil traded worldwide

Green Car Congress

They are a critical part of global energy security due to the high volume of oil traded through their narrow straits. The Strait is located between Oman and Iran, and connects the Persian Gulf with the Gulf of Oman and the Arabian Sea. —US EIA. The Bosporus and Dardanelles comprise the Turkish Straits and divide Asia from Europe.

Oil 297