WORLD CHOKEPOINTS FOR MARITIME TRANSIT OF OIL

World Oil Transit Chokepoints

BY MAREX

World chokepoints for maritime transit of oil are a critical part of global energy security. About 63 percent of the world's oil production moves on maritime routes. The Strait of Hormuz and the Strait of Malacca are the world's most important strategic chokepoints by volume of oil transit...READ MORE

http://www.maritime-executive.com/article/World-Oil-Transit-Chokepoints-2014-11-15