R to @ForeignPolicy: Why is the Strait of Hormuz so important for energy? @JasonBordoff: Well, it's by far the most critical choke point for global energy flows: 20% of the world's
Why is the Strait of Hormuz so important for energy? @JasonBordoff: Well, it's by far the most critical choke point for global energy flows: 20% of the world's oil, 20% of the world's liquefied natural gas. That's not the full amount that's been disrupted, because there are some workarounds that we have figured out.