Opinion
Another critical oil waterway is at risk of closing and the timing couldn't be worse, writes Javier Blas
Another Critical Oil Waterway Is About to Close
With apologies to Oscar Wilde, to lose one critical waterway may be regarded as misfortune; to lose two looks like carelessness. Of course, we’re long past carelessness and are now barreling toward disaster, with three already lost (the Strait of Hormuz, the Black Sea ports and the Red Sea’s Bab el-Mandeb) and a fourth poised to join their ranks: the mighty Rhine.
