The Strait of Hormuz, sometimes described as the world’s most important oil chokepoint , is a gateway for almost a third of all crude oil and other petroleum products carried by tanker. But it is also an increasingly dangerous place because of recent attacks on tankers, raising fears that the route is vulnerable to assaults that could threaten and destabilize oil prices. After the apparent attack on Thursday on two tankers just outside the strait, tanker operators were quick to voice concerns. “We have people of every nationality and vessels of every flag transiting that crucial sea lane,” said Paolo d’Amico, chairman of International Association of Independent Tanker Owners. “If the waters are becoming unsafe, the supply to the entire Western world could be at risk.” A passage just two miles wide The oil-producing countries around the Persian Gulf, including Kuwait, Saudi Arabia , Iraq […]