Oil pipelines multiply routes, but Hormuz threat endures

1 min read
Source: CNBC
Oil pipelines multiply routes, but Hormuz threat endures
Photo: CNBC
TL;DR

Seven planned pipelines aim to bypass the Strait of Hormuz, potentially boosting Gulf export capacity to around 14 million barrels per day by 2028 (over 60% of pre-war Gulf output). But experts say these routes won't remove risk, since Iran can attack facilities along pipelines and Red Sea transit remains vulnerable to Houthi threats; the U.S. backs Iraq's Kirkuk–Syria–Mediterranean project, while UAE and Saudi expansions via Fujairah and the Red Sea diversify exits.

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