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The Nexus
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oil shipping infrastructure

Coverage of oil shipping infrastructure in the Nexus archive.

Earliest in view: Jun 15 · 10:00 UTCMost recent: Jun 15 · 10:00 UTC
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  • SECURITYJun 15 · 10:00 UTCTHE HILL
    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.