The Strait of Hormuz is barely 30 miles wide at its narrowest point, yet it is arguably one of the most consequential stretches of water on earth. Through this narrow corridor connecting the Persian Gulf to the Gulf of Oman flows approximately 20 million barrels of oil per day (b/d); roughly 20% of global petroleum Read More…
Tag: oil price
Paying Away the Problems: Nigeria’s Growing Security Dilemma
Violent insurgents and falling oil prices are creating a vicious circle for Africa’s largest economy.
Saudi-Iranian Rivalry Politicizes OPEC and Derails Doha Deal
Adlan Taramov analyzes recent OPEC Doha meeting and its outcome in the context of global oil price war and Saudi-Iran rivalry.



