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The Strait of Hormuz
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We
just walked through some of his scenarios for Iran, and what they could mean
for the price of oil. In his view, Brent could get as high as $270/barrel.
Anyway, he also lists the top 10 importers of Iranian crude.Here they are.
- China: ~550 thousand barrels/day
- India: ~320 thousand barrels/day
- Japan: ~310 thousand barrels/day
- South Korea: ~220 thousand barrels/day
- Turkey: ~190 thousand barrels/day
- Italy: ~180 thousand barrels/day
- Spain: ~160 thousand barrels/day
- Greece: ~110 thousand barrels/day
- South Africa: ~60 thousand barrels/day
- France: ~50 thousand barrels/day

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