The Strait of Hormuz, one of the world’s most important maritime passages, is once again in the international spotlight following a new escalation of tensions between Iran and the United States.
The two countries resumed exchanging fire just one month after signing an interim agreement intended to pave the way for a final settlement of the conflict. These renewed tensions have driven up oil prices.
If navigation in the Strait of Hormuz becomes too dangerous, are there alternative routes that Gulf exporters can use to transport their oil and gas to markets?
Experts say alternative solutions exist, but none can currently fully replace this vital waterway.
