Iran War Triggers Billions in New Oil Pipeline and Port Investment
The severe disruption of oil and gas flows out of the Persian Gulf resulting from the war between the U.S. and Israel and Iran, has saddled energy-importing nations with soaring bills, supply uncertainty, and a murky outlook. However, there has been a silver lining: a rush to build alternative condu
Source: OilPrice.com
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DW NOTE
When the Strait stays closed for months and stranded ships pile up in the Gulf, the logical response is to build routes that don't depend on a 21-mile chokepoint controlled by a belligerent. WTI sits 24% below its one-year high despite a third-quarter supply cut of 1.7 million barrels per day — which tells you the market already expects this disruption to become structural, not cyclical.