Chokehold: Iran could run out of oil storage with Trump blockade, wreaking havoc with its economy: https://justthenews.com/politics-policy/energy/strait-hormuz-blockaded-globe-has-limited-options-address-energy-shortfall
Just The News
Chokehold: Iran could run out of oil storage with Trump blockade, wreaking havoc with its economy
About 14 million barrels of crude oil per day pass through the Strait of Hormuz, which the U.S. is blockading after negotiations with Iran failed. Reserves and alternative routes can address some of the shortfall, but some are temporary. Petrochemicals and LNG have almost no alternatives.
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