Gulf states are accelerating investment in ports, pipelines and rail links as the Iran war exposes the risks of relying on the Strait of Hormuz, which carried about a fifth of global oil flows before the conflict severely disrupted shipping through the waterway.
Saudi Arabia, the United Arab Emirates and other Gulf economies are now pushing projects designed to move oil and cargo without passing through Hormuz, where traffic has remained far below normal for much of the past six months.Governments are redirecting trade toward Saudi Red Sea ports and the UAE's eastern coast while considering longer-term integrated alternatives.
