The Traderszone Network

Published in TZ Latest News 26 March, 2015 by The TZ Newswire Staff

The World’s Greatest Oil Chokepoints, And Why Yemen Matters

About half the world’s oil production is moved by tankers on fixed maritime routes, according to Reuters. The blockage of a chokepoint, even temporarily, can lead to substantial increases in total energy costs and thus, these checkpoints are crucial to global energy security.

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