The goal is simple, to reduce dependence on one of the world's busiest oil routes and limit Tehran's ability to influence global energy supplies. Before the conflict, around one-fifth of the world's oil passed through the strait.
New Port, New Pipelines: Gulf Nations' Billion-Dollar Push To Bypass Hormuz
The goal is simple, to reduce dependence on one of the world's busiest oil routes and limit Tehran's ability to influence global energy supplies. Before the conflict, around one-fifth of the world's oil passed through the strait.
Published: 15 July 2026
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