Strait of Hormuz - The Waterway T...
Strait of Hormuz - The Waterway That Controls Your Gas Price

Smile with Daniel por Smile with Daniel

Notas del episodio

Daniel keeps hearing the same name on the news. He doesn't know what it is. But it sounds like a really big deal.

It is.

The Strait of Hormuz is a narrow channel of water — only about twenty-one miles wide at its narrowest point — sitting between Iran and Oman at the mouth of the Persian Gulf. It doesn't look like much on a map. But about one fifth of all the oil the world uses passes through it every single day.

Tankers carrying oil from Saudi Arabia, Iraq, Kuwait, Qatar, and the UAE all funnel out through that one gap on their way to China, India, Japan, South Korea, and the rest of the world. There's almost no practical alternative route by sea. The geography simply doesn't allow it. Which means that if something were to disrupt that narrow channel, oil prices would go up fast. And because oil is one of the world's most impor ... 

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