Tag: Kuwait

Choke Point: The Global Economic Consequences of the Persian Gulf Shutdown

How the disruption of oil, liquefied natural gas, and urea exports will cascade through the world economy Larry C. Johnson • March 10, 2026   The Strait of Hormuz: A Single Point of Failure Roughly 20–21 million barrels of oil pass through the Strait of Hormuz every day, representing approximately 20% of global petroleum liquids consumption and […]