Gulf nations are racing to reroute oil away from the volatile Strait of Hormuz, investing billions in new pipelines to bypass Iran’s coastal chokepoint. With daily oil transit plummeting from 15 million barrels, projects like UAE’s $3 billion Fujairah pipeline aim to boost Red Sea exports by over 1.2 million barrels daily—accelerated by escalating regional tensions. Saudi Arabia’s decades-old East-West pipeline is now critical, but even these alternatives face threats from Houthi rebels and logistical hurdles like longer routes and Suez Canal incompatibility. Analysts predict new routes could handle 4 million barrels daily by next year and surge to 7 million by 2028, reshaping global oil supply chains and reducing reliance on the high-risk Hormuz passage.
Listen in comfort: Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn.
Advertise on DNN: advertise@thednn.ai
This is an automated, high-level news summary based on public reporting. Report issues to feedback@thednn.ai.
Podden och tillhörande omslagsbild på den här sidan tillhör
The Daily News Now!. Innehållet i podden är skapat av The Daily News Now! och inte av,
eller tillsammans med, Poddtoppen.