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strikeJul 23, 2026
Gulf nations accelerate pipeline projects amid Hormuz tensions
Summary
Before the war in Iran, roughly 15 million barrels of Persian Gulf oil were shipped each day through the Strait of Hormuz. Within a few years, much of that oil could bypass the strait.
Actors involved
IranProxy
Sources
- Associated PressBy Associated Press
Before the war in Iran, roughly 15 million barrels of Persian Gulf oil were shipped each day through the Strait of Hormuz. Within a few years, much of that oil could bypass the strait. As Iran’s chokehold over the strait drags on and oil prices surge, countries across the Gulf ar…
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