During the 2026 conflict in the Middle East, the Islamic Republic of Iran has closed the Strait of Hormuz. Applying network science to global supply chains during this geopolitical conflict is an excellent way to understand it`s real-world impact. Using Flow Network to understand why and how the flow of oil would be affected. Here is how the concept map to reality: Source Node(S): The oil fields where the resource originates (e.e., fields in Iran, Saudi Arabia, Venezuela, UAE, etc.) Sink Node(T): The global market or consumig nations (e.g., refineries in Asia, Eurpoe and the Americas) Intermidiete Nodes and Links: Export terminals, pumping stations and maritime transit chokepoints; shipping lanes and overland pipelines Capacities: Every edge has a maximum volume it can transport per day in millions of barrels per day. Based on the network flow model of the Global oil supply chain, with multiple source and sink nodes, which of the following statements is true? a) Assuming supp...
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Showing posts from April, 2026