Gulf Oil Giants Are Spending Billions to Build Ways Around Strait of Hormuz
NYT > Business·August 12, 2026
Even if a cease-fire materializes, Gulf exporters recognize that relying strictly on the Strait of Hormuz is a risk they can no longer take.
Even if a cease-fire materializes, Gulf exporters recognize that relying strictly on the Strait of Hormuz is a risk they can no longer take.
