NYTIMES (Lisa Friedman) - 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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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.
A U.S. official said on Friday that Washington anticipated an agreement soon between Iran and Oman, so normal oil traffic could resume.
A U.S. official said on Friday that Washington anticipated an agreement soon between Iran and Oman, so normal oil traffic could resume.Open