Dossier
oil shipping infrastructure
Coverage of oil shipping infrastructure in the Nexus archive.
- Strait of Hormuz oil supply crunch has countries looking for workarounds
Middle Eastern nations are constructing oil shipping infrastructure to bypass the Strait of Hormuz, a critical chokepoint for global oil supply. Iran's blockade of the waterway has disrupted markets and impacted global oil flow, which previously accounted for about 20 percent of daily consumption.