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U.S. And China Vie For Influence In This Vital Middle East Oil Hub

Mark Sloan in Oil (General)

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Mark Sloan    + 9

MS

The Sultanate of Oman occupies a crucial geographical and geopolitical position in the oil and gas world. What China wants from Oman is to control all the major crude oil shipping chokepoints from the Middle East into Europe. Muscat is happy to be a conduit for the gas pipeline that would begin in Iran’s supergiant South Pars gas field and run to Sohar in the north of Oman.

https://oilprice.com/Geopolitics/Middle-East/US-And-China-Vie-For-Influence-In-This-Vital-Middle-East-Oil-Hub.html 

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