Feedback Form
34 votes Vote story as "Fresh"
0 votes Vote story as "Stale" 

How might the closure of the Strait of Hormuz affect markets

posted by Avatar forexcrunch 114 days ago in Oil made popular 114 days ago

As you will no doubt be aware, the Strait of Hormuz nestled in the Persian Gulf between UAE and Iran is a vital stretch of sea when it comes to oil supply. The strait itself may be only 34 miles wide in places but around 20% of the world’s oil supplies flow through here – making it not only a lifeline for world industry but a potential nightmare fo
Log in to comment or register here.