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Oil tankers at risk of supply delays, pirate attacks at chokepoints: Report

Posted On: Aug. 2, 2017 4:00 AM CST

A report by the U.S. Energy Information Administration found that the inability of oil tankers to transit a major chokepoint in global sea routes can lead to supply delays and higher shipping costs, Hellenic Shipping News Worldwide reported. Chokepoints may also expose oil tankers to theft from pirates, terrorist attacks, political unrest, and shipping accidents.

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