Why You Should Care About The Strait of Hormuz

By Admin, August 26, 2012

why-you-should-care-about-strait-hormuz

With nearly 20 percent of the global oil trade passing through its narrow waterway, the Strait of Hormuz — which separates Iran from Oman — is one of the world’s most strategically important channels. Now, Iran is threatening to close the strait if the European Union follows through with a plan to ban imports of Iranian oil.

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