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Gulf Oil Giants Are Spending Billions to Build Ways Around Strait of Hormuz

The New York Times

BusinessThe New York Times·Aug 12, 2026·1 min read

Gulf Oil Giants Are Spending Billions to Build Ways Around Strait of Hormuz

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.

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