Mideast nations seek Hormuz Strait alternatives after Iran war clogs oil supply (opens in new tab)

Middle Eastern nations are building out their oil shipping infrastructure, seeking long-term workarounds for the Strait of Hormuz to make it less of chokepoint. Iran’s blockade of the waterway, through which about 20 percent of the world’s oil consumption flowed on a typical day prior to the war, has upended markets and sent global oil…