The future of Gulf energy and trade routes after the Hormuz crisis – Middle East Monitor
The significance of the Strait of Hormuz for global trade is beyond dispute. In the week preceding the US-Israel war on Iran, 38 per cent of global seaborne crude oil trade passed through the Strait, along with 29 per cent of liquefied petroleum gas (LPG), 19 per cent each of liquefied natural gas (LNG) and…
