Y
Hacker News
new
|
ask
|
show
|
jobs
by
eCa
5209 days ago
Those are mostly oil tankers. Since 20% of the world's oil passes through the Strait of Hormuz [1], the Iranians threat of closing that passage has petroleum prices recently. More analysis at The Oil Drum [2].
[1]
http://en.wikipedia.org/wiki/Strait_of_Hormuz
[2]
http://www.theoildrum.com/node/8956