As a result of the US-Iran war, oil traffic in the Strait of Hormuz plummeted from about 20 million barrels to about 3.7 million barrels per day before the war, forcing oil producers in the Persian Gulf to look for alternative export routes and speed up their dependence on this important waterway. According to reports, the Persian Gulf countries are spending billions of dollars to build or expand pipelines and other infrastructure to bypass the Strait of Hormuz. The UAE is building new crude oil pipelines to transport oil from Abu Dhabi's onshore oil fields, and plans to double its oil transportation capacity across the Strait of Hormuz to 3.6 million barrels per day. Saudi Arabia is also speeding up the expansion of the 120-kilometer east-west oil pipeline, hoping to increase the current oil transportation capacity of 7 million barrels per day to another 1 million to 2 million barrels. Kuwait, on the other hand, is discussing the construction of pipelines with Saudi Arabia and other Arab countries to connect Kuwait's oil fields to the Red Sea or Oman ports. Iraq and Jordan are also restarting long-overdue pipeline construction plans. The pipeline transports up to 1 million barrels of oil per day to the port of Aqaba on the Red Sea coast.

Zhitongcaijing · 1d ago
As a result of the US-Iran war, oil traffic in the Strait of Hormuz plummeted from about 20 million barrels to about 3.7 million barrels per day before the war, forcing oil producers in the Persian Gulf to look for alternative export routes and speed up their dependence on this important waterway. According to reports, the Persian Gulf countries are spending billions of dollars to build or expand pipelines and other infrastructure to bypass the Strait of Hormuz. The UAE is building new crude oil pipelines to transport oil from Abu Dhabi's onshore oil fields, and plans to double its oil transportation capacity across the Strait of Hormuz to 3.6 million barrels per day. Saudi Arabia is also speeding up the expansion of the 120-kilometer east-west oil pipeline, hoping to increase the current oil transportation capacity of 7 million barrels per day to another 1 million to 2 million barrels. Kuwait, on the other hand, is discussing the construction of pipelines with Saudi Arabia and other Arab countries to connect Kuwait's oil fields to the Red Sea or Oman ports. Iraq and Jordan are also restarting long-overdue pipeline construction plans. The pipeline transports up to 1 million barrels of oil per day to the port of Aqaba on the Red Sea coast.