Major Choke Points of oceans that can affect global economy | Oneindia News*Explainer

Video Credit: Oneindia
Published on November 17, 2022 - Duration: 03:09s

Major Choke Points of oceans that can affect global economy | Oneindia News*Explainer

Today, on this date i.e 17th November 1869, one of the most important canal that serves as a vital link to oceanic transportation had become operational.

Suez Canal is considered to be the shortest link between the east and the west due to its unique geographic location.

It is an important international navigation canal linking Mediterranean sea and the Red sea.

It is also the shortest shipping link between Europe and Asia.

Itโ€™s importance can be gauged by the fact that a few years back, when a cargo ship named Ever Given got stuck in it, the world had to endure losses of around 10 billion dollars everyday.

Infact this is not the only route that affects the global economy and is capable of causing massive economic losses if it gets blocked.

In this video, we bring to you 3 of the worldโ€™s most vulnerable oceanic choke points...which if blocked in any circumstances can prove catastrophic for global economy and oil transportation.

#Oceanchokepoints #Suezcanal #malaccastrait


You are here


๐Ÿ’ก newsR Knowledge: Other News Mentions

Suez Canal

Artificial sea-level waterway in Egypt
Shipping traffic through the vital Suez Canal artery has plunged by 66% since cargo was forced to divert due to attacks on vessels, according to official..
Credit: Sky News - Published 2 days ago



Red Sea

Arm of the Indian Ocean between Asia and Africa
Indian exporters are facing challenges as costs surge due to Houthi attacks on shipping in the Red Sea, resulting in a significant rise in cargo insurance..
Credit: IndiaTimes - Published 6 days ago


Mediterranean Sea

Sea between Europe, Africa and Asia
Skies over Athens have turned an orange hue as clouds of dust have blown across the Mediterranean Sea from the Sahara desert.
Credit: Sky News - Published 3 days ago

Skies over Athens have turned an orange hue as clouds of dust have blown across the Mediterranean Sea from the Sahara desert.
Credit: Sky News - Published 3 days ago


Asia

Continent
Viacom18's Uday Shankar leads effort to merge with Disney India, targeting 600 million viewers. The company aims to dominate the Indian media industry with a..
Credit: IndiaTimes - Published 5 days ago

Bengaluru is now home to a state-of-the-art command and control centre dedicated to monitoring and managing space traffic. The facility, located at the global..
Credit: IndiaTimes - Published 1 week ago

You might like