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> About 20% of the crude oil and natural gas used to come via the Strait of Hormuz. 20% of the world's oil production. But only half is sold on the internation
by perrygeo 6mo ago
> About 20% of the crude oil and natural gas used to come via the Strait of Hormuz.
20% of the world's oil production. But only half is sold on the international market, the rest is used domestically. So roughly 40% of the world's purchasable oil comes through the Strait.