Impact of Caspian crude oil on Turkish Straits

Abstract

The Turkish Straits, for the last 10 years at least, have turned into one of the key shipping foci of the world seaborne oil trade, such as the Suez Canal, the Strait of Malacca and the Strait of Dover. It was previously the same in 1892. In that year, oil cargoes loaded in the Black Sea port Batumi were delivered by tankers to their customers in the Far East destination(s), all passing through the Turkish Straits.