Why Should We Care About the World’s Blocked Oil Artery?
About This Episode
Maritime historian Dr. Sal Mercogliano examines the Persian Gulf disruption where 800 ships are bottlenecked as eighty to ninety percent of global commerce moves by sea, including 75% of the world's oil and almost all liquefied natural gas. Discusses Iran's shakedown operations redirecting traffic through its territorial waters, U.S. Navy tanker seizures in the Indian Ocean, UNCLOS implications, ship-to-ship transfers off Malaysia laundering Iranian crude, and Russia positioned as a beneficiary of the crisis.
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