CNA Explains: Are there alternatives to the Strait of Hormuz?
There are few alternatives to the Strait of Hormuz to transport oil. The world's busiest oil shipping channel sits between Iran and just above the United Arab Emirates and Oman. It connects the Persian Gulf to the Indian ocean. On a typical day, about 20 million barrels of oil — roughly a fifth of the world's supply — move through the 33-kilometre passage. Saudi Arabia, the UAE and Iran all have routes that bypass Hormuz. But even combined and operating at an emergency maximum, they can only move less than half of the oil that normally flows through Hormuz. Grace Shin reports.
There are few alternatives to the Strait of Hormuz to transport oil. The world's busiest oil shipping channel sits between Iran and just above the United Arab Emirates and Oman. It connects the Persian Gulf to the Indian ocean. On a typical day, about 20 million barrels of oil — roughly a fifth of the world's supply — move through the 33-kilometre passage. Saudi Arabia, the UAE and Iran all have routes that bypass Hormuz. But even combined and operating at an emergency maximum, they can only move less than half of the oil that normally flows through Hormuz. Grace Shin reports.
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