Middle Eastern tensions endanger oil highways
Some of the most important routes for global oil trading are becoming uncertain, as tensions flare and security becomes shaky.

While pipelines are a major component of oil transportation within a country, they often have limited usefulness in international oil transportation. Major oil producers are often thousands of miles away from major demand centers, distances that typically make pipelines impractical. Instead, the majority of oil is shipped to customers.

The EIA estimates that about 61%...


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