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US-backed pipeline proposal targets global reliance on Strait of Hormuz amid Iran threats

The plan would add overland pipelines and storage links as roughly one-third of the world’s seaborne oil passes through the strait.

Summary by Ground News
A new U.S.-backed proposal to build a network of overland energy pipelines bypassing the Strait of Hormuz is gaining attention as tensions in the region expose a critical vulnerability in the global energy system.

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Fox News broke the news in New York, United States on Tuesday, May 5, 2026.
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