What is the Strait of Hormuz and why does it matter?
Source: BBC
Getty ImagesAbout 20% of global oil and gas flows through the Strait of HormuzThere is considerable speculation that Iran might retaliate for the US's strikes on its nuclear facilities by closing the world's busiest oil shipping channel, the Strait of Hormuz. About 20% of global oil and gas flows through this narrow shipping lane in the Gulf. Blocking it would have profound consequences for the global economy,…
This is aggregated or syndicated coverage. Reporting and media belong to the original publisher.
Read the original source at BBC