InvestorsHub Logo
Followers 41
Posts 3524
Boards Moderated 0
Alias Born 03/23/2006

Re: None

Monday, 07/17/2006 4:04:51 PM

Monday, July 17, 2006 4:04:51 PM

Post# of 142784
The Strait of Hormuz is a narrow, strategically important stretch of ocean between the Gulf of Oman in the southeast and the Persian Gulf in the southwest. On the north coast is Iran and on the south coast is the United Arab Emirates and an exclave of Oman.

Between 15 and 16.5 million barrels of oil transit the Strait of Hormuz each day, roughly 20 percent of the world's daily oil production...






http://www.newsmax.com/archives/articles/2006/2/28/181730.shtml?s=lh

http://en.wikipedia.org/wiki/Strait_of_Hormuz