In Charts: US Does Not Rely On Strait Of Hormuz Oil While Asia Stands To Lose Authored by Sylvia Xu via The Epoch Times (emphasis ours), The Strait of Hormuz has been called the jugular vein of the world’s oil supply, and as Operation Epic Fury continues, Iran continues to have a chokehold on the critical supply route. About one-fifth of the world’s oil and gas is typically shipped through the nar...
In Charts: US Does Not Rely On Strait Of Hormuz Oil While Asia Stands To Lose Authored by Sylvia Xu via The Epoch Times (emphasis ours), The Strait of Hormuz has been called the jugular vein of the world’s oil supply, and as Operation Epic Fury continues, Iran continues to have a chokehold on the critical supply route. About one-fifth of the world’s oil and gas is typically shipped through the narrow waterway connecting the Persian Gulf to the Arabian Sea. But Iran’s attacks on commercial vessels have brought traffic through the strait to a virtual standstill since the start of the conflict on Feb. 28. In March, just 220 vessels transited the strait, according to data from maritime analytics platform Marine Traffic. Prior to the war, thousands of ships traversed the waterway each month. These actions have caused oil and gas prices to surge. Brent, a global benchmark for oil prices, has risen firmly above $100 a barrel overseas. The average gas price in the United States has surged past $4 per gallon. President Donald Trump has threatened to launch strikes on Iran’s oil wells, power plants, and critical oil infrastructure on Kharg Island unless the strait is reopened. He delayed the strikes on Iranian energy infrastructure until April 6, pending talks with the regime. Here’s a look at how much oil travels through the Strait of Hormuz and where it goes. An average of 20 million barrels of oil and refined products flowed through the narrow gateway between the Arabian Peninsula and Iran each day in 2025. That’s roughly 25 percent of the world’s sea-borne oil trade, according to a February analysis from the International Energy Agency. The strait is only 21 miles wide at its narrowest point, with shipping lanes just two miles wide in each direction. The vast majority of crude oil and condensate—a natural gas byproduct—went to Asia (91 percent), according to a U.S. Energy Information Administration analysis based on Vortexa tanker-tracking data from the first half of 2025...
Hong Kong’s first five-year plan is expected to guide the city’s future development. Never before has the city attempted a comprehensive plan in the style of mainland China, signalling a major shift in how it approaches long‑term growth. The real question is not why a laissez‑faire economy must adopt a new model but how this transformation will unfold. This exercise is unprecedented on multiple fr...
Hong Kong’s first five-year plan is expected to guide the city’s future development. Never before has the city attempted a comprehensive plan in the style of mainland China, signalling a major shift in how it approaches long‑term growth. The real question is not why a laissez‑faire economy must adopt a new model but how this transformation will unfold. This exercise is unprecedented on multiple fronts. First, it departs from Hong Kong’s long-standing reliance on market forces and incremental...
Broadcom (NasdaqGS:AVGO) has introduced Symantec CBX, a cloud based cybersecurity platform that combines Symantec and Carbon Black technology. The new AI powered XDR service is aimed at organizations that lack dedicated enterprise grade security teams or resources. Symantec CBX integrates threat detection, incident response, and adaptive protection into a single offering delivered from the cloud. ...
Broadcom (NasdaqGS:AVGO) has introduced Symantec CBX, a cloud based cybersecurity platform that combines Symantec and Carbon Black technology. The new AI powered XDR service is aimed at organizations that lack dedicated enterprise grade security teams or resources. Symantec CBX integrates threat detection, incident response, and adaptive protection into a single offering delivered from the cloud. For investors watching NasdaqGS:AVGO, this launch adds another piece to Broadcom's broader...