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. 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.
Trending
- Evening news wrap: Parliament deadlock over NEET continues, Gulf invests to find new oil routes & more
- Trump says Saudi nuclear deal hinges on kingdom joining Abraham Accords with Israel
- Jaishankar says attacks on civilian shipping cannot be tolerated, calls for maritime security amid Middle East crisis
- UPS labels allegedly used to divert $2M in Nike shoes from Memphis warehouse
- CJP protest: Passports of people involved in violence may be cancelled, says report
- FDA recalls 1.6 million dozen eggs over Salmonella risk across five US states
- Remains of Grand Canyon trekker found after 15 years
- Gurugram’s office boom hits a new high with 100 million sq ft of workspace
Beyond Hormuz: Gulf is spending billions to find new routes to global markets
By
Add A Comment