Gulf Powers Diversify Oil Routes | Tulsa News

Tulsa News Today | 2 Min News | The Daily News Now! · Jul 23, 2026 · 2m

Gulf oil giants are racing to break free from the Strait of Hormuz’s chokehold, investing billions in new pipelines to reroute crude via the Red Sea and Gulf of Oman. With tensions rising and prices climbing, nations like Saudi Arabia and Abu Dhabi are fast-tracking major projects—Saudi’s decades-old East-West line and Abu Dhabi’s $3 billion Fujairah pipeline—to boost capacity and reduce vulnerability. Iraq is also exploring routes through Turkey and Syria. While these alternatives offer strategic independence, they come with longer, costlier routes and lingering risks, including Houthi…