The Middle East’s race to bypass the Strait of Hormuz
Countries across the Middle East are rushing to develop alternative pipelines and trade routes to bypass the Strait of Hormuz, as uncertainty over the waterway's future exposes the risks of relying on a single energy chokepoint.
Over the past two weeks, the US has been conducting fresh attacks against Iran, despite the two countries signing a memorandum of understanding in June to reopen the strait and negotiate for a final peace deal.
Iran has retaliated against the US by targeting its milita...