Tuesday, 21 February 2012

GCC needs to find alternatives to the Strait of Hormuz - The National

Ever since the Iranian Revolution, Gulf policymakers have looked nervously at the Strait of Hormuz, through which a fifth of the world's oil passes.

Yet the focus on assuring oil transit through these narrow waters needs to be supplemented with some straightforward alternatives.

During the 1984-1988 so-called Tanker War, part of the conflict between Iran and Iraq, 546 vessels were damaged in the Gulf, eventually prompting a US naval response.


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