GLOBEALERT
BUSINESS● ELEVATEDJul 23 · Jul 23, 2026, 9:27 AM

Gulf oil producers race to build alternative routes to the Strait of Hormuz

EuroNews [en]

Gulf oil producers are spending billions of dollars on pipelines designed to route crude around the Strait of Hormuz, as Iran's grip on the waterway drags on and the region's most important export artery remains precarious.

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Gulf oil producers race to build alternative routes to the Strait of Hormuz · GlobeAlert