Through Ormuz passes 20% of the world oil every%. “Strait world dependence is gigantic”

The escalation of war is already causing damage to the global economy. The closing or blocking of the Ormuz Strait will cause a strong shooting of oil prices, limiting the access of the largest oil producing region to all asia, as this afternoon explained CNN Portugal Economics editor, Vasco Rosendo, in conversation with André Neto de Oliveira