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2012年1月9日月曜日

Throny issue: oil battle

While we were relaxing new year vacation, the tension between  Western countries and Iran at Hormz strait has increased.

Hormz strait is the most essential artery that more than 50% of tankers in the world transport oil. If Iran try to close the strait, sudden oil shortage will freeze global economy. U.S., China, South Korea and Japan severly suffer from the trouble.

So far U.S. and British government is preparing the closure of Hormz strait. They deploy several militarly ships to Gulf coast so that they can protect their oils.

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