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Oil trade off Yemen coast grew by 20% to 4.7 million barrels per day in 2014

While Yemen is not a major oil-producing country, its coast borders the Bab el-Mandeb Strait, a narrow chokepoint between the Horn of Africa and the Middle East. This strait is a strategic route for Persian Gulf oil, natural gas, and petroleum product shipments to Europe and North America, as well …read more

Source:: TODAY IN ENERGY