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+--- Thread: The Strait of Hormuz is the world's most important oil transit chokepoint (/Thread-The-Strait-of-Hormuz-is-the-world-s-most-important-oil-transit-chokepoint)
The Strait of Hormuz is the world's most important oil transit chokepoint - theold - 13-04-2024
We estimate that 82% of the crude oil and condensate that moved through the Strait of Hormuz went to Asian markets in 2022. China, India, Japan, and South Korea were the top destinations for crude oil moving through the Strait of Hormuz to Asia, accounting for 67% of all Hormuz crude oil and condensate flows in 2022 and the first half of 2023.
https://www.eia.gov/todayinenergy/detail.php?id=61002#
RE: The Strait of Hormuz is the world's most important oil transit chokepoint - theold - 13-04-2024
https://www.youtube.com/watch?v=86T6dvykibg
RE: The Strait of Hormuz is the world's most important oil transit chokepoint - theold - 13-04-2024
https://www.youtube.com/watch?v=mur1uF7s6YE
RE: The Strait of Hormuz is the world's most important oil transit chokepoint - sgbuffett - 13-04-2024
Iran can blockage Homuz and anger the rest of the world including China whose goods also flow through that ...
You think it's a good idea? How long you think such a blockage can last before it is taken out to the cheers of the rest of the world
Homuz is a false threat. It is good so long as theh don't execute. If you do everyone will know its a useless threat.
RE: The Strait of Hormuz is the world's most important oil transit chokepoint - theold - 13-04-2024
https://www.nbcnews.com/now/video/how-the-strait-of-hormuz-could-potentially-lead-to-war-with-iran-79650885604
RE: The Strait of Hormuz is the world's most important oil transit chokepoint - Huliwang - 13-04-2024
The Hormuz is not a dead choke point for oil to flow out from Iran, Iraq, UAE, and Saudi. If it is sealed up completely those countries can still export their oil through other routes but slight more inconvenient only.
RE: The Strait of Hormuz is the world's most important oil transit chokepoint - sgbuffett - 13-04-2024
(13-04-2024, 11:09 AM)Bw2023 Wrote: Iran does not have to actually block the hormuz
US warships moving closer/ into the hormuz to preempt Iranian blockade is enough to increase tensions to the point no insurer will risk any tanker traffic through the hormuz, especially on the back of houthi red sea blockade
Doing a blockage hurts many middle east nations.that export oil for revenue rather than Israel which has ,no oil to export.
It means Iran harming everyone and more that oil exporting nations in the middle East.
Blockage on Homuz ....is not a good idea for Iran.
It gives US a good pretext to act and save the world.
Now US and Israel can go and bomb every missile silo and sink Iranaian navy to free up Houz for the world and middle east.