Gulf states must invest in alternatives to the Strait of Hormuz
Just read about the Strait of Hormuz tensions-Iran's creating a 'tollbooth' there, charging ships up to $2 million to pass. It's pushing Gulf nations to urgently invest in bypass pipelines like the UAE's to Fujairah and Saudi Arabia's to Yanbu, to avoid being held hostage. Without these alternatives, the region's oil exports and global economy are at risk. Solidarity and strategic investment in infrastructure are crucial for long-term security.
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