Gulf States Built Their Energy Trade Around The Strait Of Hormuz. Now They're Spending Billions To Bypass It.
- Posted on August 31, 2026
- By International Business Times
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- 1 min read
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Gulf States Built Their Energy Trade Around The Strait Of Hormuz. Now They're Spending Billions To Bypass It.
New port terminals, rail links and cross-border pipeline plans are emerging as Gulf economies absorb weaker exports, higher shipping costs and prolonged disruption to trade.