Blocking This Small Strait Could Result in WW3
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We all saw what happened when the Suez canal became blocked due to a stuck ship. The stranded Ever Given mega-container ship resulted in an estimated $9.6bn of cargo blocked from passing through each day.
But as important as this canal is, it is not nearly as crucial as the strait of Hormuz. This strand of water is the only way for ships to move between the Persian Gulf and the Gulf of Oman.
The Persian Gulf is surrounded by eight countries, four of which rely on it and the strait of Hormuz entirely to access the world's oceans.
All these countries are big producers of much-needed oil. Around the Persian Gulf, you can find about half of the world's naturally occurring oil reserves and 40% of the world's proven reserves of natural gas.
In fact, in the Persian Gulf and in the land surrounding it, you can find more oil and natural gas than anywhere else in the world. So what does this have to do with World War 3? Why is the strait of Hormuz so important despite being so small? What are the dangers that will follow if it ever got shut down? This video answers all these questions and more.
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