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International Business Times
International Business Times
Business

Iran Is Seeking To Dominate The Strait Of Hormuz. Gulf Countries Are Planning To Bypass It

At least seven major pipeline projects are under construction, in the planning stage or being considered as countries seek to bypass the Strait of Hormuz.

At least seven major pipeline projects are under construction, in the planning stage or being considered as countries seek to bypass the Strait of Hormuz, a new report detailed.

Citing sources familiar with the planning, the Associated Press noted that countries and producers in the region have seen the war as a wake-up call to reduce their reliance on the waterway.

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