AP Explains: Mideast tensions threaten key global oil route
on two tankers near the Strait of Hormuz, between Iran and Oman, has renewed concerns about the vulnerability of world energy supplies to military tensions in a highly volatile region. About a fifth of all oil traded around the world goes through a body of water just 2 miles wide, so any conflict that threatens tankers could cause huge disruption to crude supplies for energy-hungry countries, particularly in Asia. Here's a look at the oil shipping through the region and its importance for the global economy. Two oil tankers near the Strait ...
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