Presently, 30% of the world’s seaborne oil trade—comprising 21 mbd of crude oil and oil products—and 20% of the world’s LNG supply flow through the Strait of Hormuz
-JPMorgan
All in all, this conflict hit the region amid an ongoing geopolitical reshuffling, wherein the US has made significant progress in terms of deepening its geo commercial interests in the region
-DB
Trump’s Last 2 Months: Do Riyadh Accord, Close China Rare Earths deal, Return Bibi’s call.
- GoldFix