If Hormuz closes completely, global market instantly loses access to one fifth of energy flow (analysis)

If Hormuz closes completely, global market instantly loses access to one fifth of energy flow (analysis)

The complete closure of the Strait of Hormuz would remove approximately 13.5 million barrels per day from the market, given that around 20 million barrels of crude oil and petroleum products transit this corridor daily, equivalent to nearly one fifth...


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