Beyond Hormuz: Gulf is spending billions to find new routes to global markets
Gulf nations are accelerating pipeline projects to bypass the Strait of Hormuz. These new routes aim to move oil without relying on the narrow waterway
Gulf nations are accelerating pipeline projects to bypass the Strait of Hormuz. These new routes aim to move oil without relying on the narrow waterway.
Several major pipeline projects are under construction or being planned. Diversification efforts aim to protect regional oil exports from disruptions. These alternative routes face their
own risks and increased costs.
The BriefWire