Global Demand for This Industrial Stock May Be About to Soar

The current conflict in the Middle East and the resulting closure of the Strait of Hormuz is, to put it mildly, a huge problem.About 20% of all global oil supplies pass through the strait, and other options to move the oil and gas produced in the Persian Gulf are limited. The closure also affects some of the world's largest economies.Japan imports 57% of its oil and gas through the Strait of Hormuz. South Korea imports 55%, India 50%, Taiwan 40%, and China 35%.Now, all of those countries had been investing ...