Currently, the Strait of Hormuz—a vital chokepoint that normally handles about one-fifth of the world’s global oil supply—is not completely shut down. Instead, Struyven explained that the sharp drop in export flows is being driven by fear. Shippers and oil producers have entered a “wait-and-see mode” following reports of damage to three ships and skyrocketing insurance premiums.
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Александра Качан (Редактор)