Strait Of Hormuz, Suez, Panama: How A Few Routes Can Choke Global Trade
With roughly 20% of global oil passing through this 21-mile wide passage, the Strait of Hormuz remains the ultimate geopolitical lever; any threat of a blockade, Iranian or US, is enough to send global energy markets into a tailspin. (IMAGE: AFP) Iranian boats during a military exercise in the Gulf, near the strategic strait of…