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 Strait of Hormuz, according […]
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