Tag: Strait of Malacca

The Strait of Malacca, key oil trade chokepoint, links Indian and Pacific Oceans

The Strait of Malacca, key oil trade chokepoint, links Indian and Pacific Oceans

If Strait of Malacca were blocked, half of world’s shipping fleet would have to reroute Nearly one-third of the 61 per cent of total global petroleum and other liquids production that moved on maritime routes in 2015 transited the Strait of Malacca, the second-largest oil trade chokepoint in the world after the┬áStrait of Hormuz, according […]

By August 21, 2017 0 Comments Read More →