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Published 13 hours ago • loading... • Updated 6 hours ago
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.