Gulf States Explore New Pipelines to Bypass Strait of Hormuz Amid Iran War Oil Crisis
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Strait of Hormuz Tensions Push Gulf Nations to Rethink Oil Export Routes
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CNBC TV18•02-04-2026, 12:36
Strait of Hormuz Tensions Push Gulf Nations to Rethink Oil Export Routes
•Ongoing US-Israeli war on Iran revives concerns over Strait of Hormuz reliability for oil exports.
•Gulf states are reconsidering pipeline alternatives despite high costs and feasibility challenges.
•Saudi Arabia's 1,200km East-West pipeline to Yanbu (Red Sea) is now a central export strategy, bypassing the Strait.
•Discussions include expanding existing pipelines and building new ones, but large-scale projects face significant cost and security hurdles.
•Focus shifts to network-based pipeline strategies and expanding current infrastructure like Saudi Arabia's East-West pipeline and Abu Dhabi's Fujairah route.