The 7 Most Important Oil Chokepoints In The World
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"About half of the world's total oil production of nearly 90 million barrels per day is transported over water," write US Funds analysts.
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At some point, almost all of this seaborne oil passes through one of seven chokepoints, or a narrow body of water.
At these chokepoints,
US Funds recently took a close look at these seven chokepoints. We highlight some of their findings here.
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