Meanwhile, political turmoil in Yemen, Qatar and Bahrain still threatens to disrupt the transportation of almost 50 % of the world's
seaborne oil.
That could cut off a major supply of oil while potentially handing the region's balance of power to Iran, which could end up in control of the routes used by 40 % of the world's
seaborne oil.
The EIA estimates that approximately 17 million barrels of oil per day — about 35 % of
all seaborne oil exports — pass through the strait.
More than 30 percent of
seaborne oil exports pass through that narrow waterway daily.
Not exact matches
The back - up plan to the back - up plan now sees
oil heading east to New Brunswick, where it can be loaded onto
seaborne tankers on the Atlantic.
More than a hundred environmental activists gathered last weekend to practice
seaborne drills to disrupt construction on Kinder Morgan's Westridge crude
oil terminal.
Principally based in Cork, Ireland, Ardmore provides
seaborne transportation of petroleum products and chemicals worldwide to
oil majors, national
oil companies,
oil and chemical traders and chemical companies with its modern, fuel - efficient fleet of mid-size product and chemical tankers.
The vintage
oil paintings on our gallery wall vary from Canadian shorelines to Caribbean beaches to
seaborne ships, but we've stuck to a coastal theme, allowing ourselves to play with different hanging options.