Zilkens' News Blog 12 2026
Kuwait, Saudi Arabia, Bahrain, Qatar, the United Arab Emirates (UAE), Iran and Iraq are all located on the Persian Gulf; they produce oil and gas and account for 25–30% of global oil trade (approximately 20 million barrels per day), which must pass through the Strait of Hormuz. There is a pipeline through Saudi Arabia (which bypasses Yemen and ensures supply as long as the Suez ... read more