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The Hormuz squeeze is redrawing the oil map for good
For decades, the Persian Gulf’s energy map converged on a single chokepoint: the Strait of Hormuz. Now, spurred by the Iran war, the region’s petrostates are rushing to draw new lines to circumvent it ...
- The US Department of Interior has announced its plan this week to pursue the reopening of 82% of the National Petroleum Reserve-Alaska to leasing and energy project development as well as mining. - ...
An employee of Basra Oil Company, works at the Nahr Bin Umar Oil and Gas Field on the outskirts of the southern Iraqi city of Basra (AFP image) Iraq reroutes oil via Syria to bypass Hormuz. Thousands ...
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