Bad News For Oil Prices
No, this isn't the Gulf of Mexico...
Currently a Category 5 storm, this is Cyclone Gonu in the Gulf of Oman, southeast of the Strait of Hormuz. About 90% of the oil exported from the Persian Gulf by tanker travels through this strait. Such a storm is apparently unprecendented in the area.
Currently a Category 5 storm, this is Cyclone Gonu in the Gulf of Oman, southeast of the Strait of Hormuz. About 90% of the oil exported from the Persian Gulf by tanker travels through this strait. Such a storm is apparently unprecendented in the area.
posted by J.Q. Beck at 6/04/2007
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