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Strait of Hormuz Alternative: How the NEOM Route is Reshaping Gulf Trade Amid Iran War
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Strait of Hormuz Alternative: How the NEOM Route is Reshaping Gulf Trade Amid Iran War
As tensions tied to the ongoing conflict with Iran disrupt one of the world’s most critical shipping lanes, Gulf economies are quietly redrawing the map of global trade. The long-dominant Strait of Hormuz is no longer being treated as the default artery for energy and cargo flows. In its place, a new corridor centered around NEOM is gaining traction as a strategic workaround. What’s unfolding is not just a temporary detour. It looks increasingly…
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