What to Know About the Strait of Hormuz , a Key Passageway Essential for Global Energy Supply The Strait of Hormuz is a narrow strip of water in the Middle East that connects the Persian Gulf to the wider ocean. It is one of the busiest and most important shipping routes in the world. Every day, huge tanker ships carry millions of barrels of oil and natural gas through this strait. About one-fifth of all the oil used on Earth passes through it. That is why the Strait of Hormuz is called a “ chokepoint ” – a narrow place where a lot of important traffic must go through. With recent events in the Middle East drawing attention to this area, many people want clear facts. Oil prices have risen, and news reports mention ships slowing down or facing risks near the strait. Where Exactly Is the Strait of Hormuz? Picture a map of the Middle East. The Persian Gulf is a large body of water surrounded by countries like Saudi Arabia , Iran, Iraq, Kuwait, Qatar, Bahrain, and the United Arab E...
MAKE MONEY LIVE LIFE
"My experience is that there is always some ray of hope, which does not allow us to turn away from life"