Testing out alternative oil routes

The global energy crisis continues to grow, with no end in sight. When President Trump came to address the nation on April 1, he had few answers to the question surrounding the closure of the Strait of Hormuz, and the steps to reopen the narrow shipping lanes, responsible for shipping 20 per cent of crude oil and 30pc of liquefied natural gas to the world markets, especially Asia. The speech failed to cool oil markets, as escalating tensions with Iran crushed ceasefire hopes and reignited bullis...