"During the 1980 to 1988 Iran-Iraq war, both sides repeatedly targeted oil tankers in the strait, turning one of the world's most vital crude arteries into a floating battlefield."
"Tehran made good on its longstanding promise to close the strait if it were ever attacked, choking off around a fifth of the world's energy supply."
"Gulf leaders are moving ahead with plans that will allow more of their crude to bypass the strait entirely and help to secure exports in the long term."
"Instead of forcing ships through the chokepoint, the United States and its partners should support new projects with funding to enhance energy security."
The Strait of Hormuz has historically been a critical point for global oil supply, facing threats during the Iran-Iraq war. Recent tensions due to the US-Israel conflict with Iran have reignited concerns over its vulnerability. In response, Gulf states are planning new pipelines and export terminals to bypass the strait, ensuring long-term security for oil exports. Global powers are also advocating for increased renewable energy investments to reduce reliance on this strategic waterway.
Read at www.dw.com
Unable to calculate read time
Collection
[
|
...
]