World Output
20% of the world's oil passes through a 21-mile wide strait. And it's closing. 🛢️ On September 2, Iranian forces struck two oil tankers in the Strait of Hormuz. The fragile ceasefire is over. The world's most critical energy chokepoint is now a war zone. 📍 THE NUMBERS: Before the war, 20 million barrels of oil passed through here every day. Today? Flow has dropped to roughly 10 million . Brent crude has surged 41% this year, hitting $96/barrel today . 📍 THE VICTIMS: Japan gets 73% of i
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