The oil-producing nations of the Persian Gulf are stepping up their efforts to divert shipping away from the Strait of Hormuz, where Iran has been launching terror strikes on civilian vessels.
The Associated Press (AP) noted on Thursday that “at least seven major pipeline projects are under construction, in the planning stage, or being discussed as possibilities.”
Work on all of these projects accelerated after Iran delivered a “wake-up call for Gulf oil producers” by shuttering the Strait of Hormuz twice so far this year.
The goal is to build and expand pipeline networks that would allow countries like Saudi Arabia, the United Arab Emirates…
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