Gulf States Reroute Oil and Trade as Hormuz Strait Remains Closed

The ongoing closure of the Strait of Hormuz, paired with rising military tensions in the Gulf, is pushing regional governments and shipping firms to speed up alternative plans. These efforts aim to keep oil, gas, and global trade moving without interruption. Countries and energy companies are now accelerating projects that bypass the strategic waterway. The goal is to secure stable supply routes and reduce reliance on the narrow passage, which handles a significant share of the world’s petroleum shipments.