Post Tagged with: "crude oil shipments"

Middle East’s Oil Depends on South China Sea to Reach Asian Customers

Middle East’s Oil Depends on South China Sea to Reach Asian Customers

30%+ of global maritime crude oil moves through the South China Sea: EIA

The South China Sea is a major trade route for crude oil, and in 2016, more than 30% of global maritime crude oil trade, or about 15 …